Cumulative preferred stock carries the right to be paid both current and all prior periods' unpaid dividends before any dividends are paid to common shareholders.

Answer the following statement true (T) or false (F)


True

Business

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For a given positive interest rate, the future value of $100 increases with the passage of time. Thus, the longer the period of time, the greater the future value

Indicate whether the statement is true or false

Business

Tempel Corporation has provided the following data: Year 2Year 1Common stock, $4 par value$240,000 $240,000 Total stockholders' equity$817,000 $810,000 Net operating income$36,714    Net income before taxes$17,714    Net income$12,400    The market price of common stock at the end of Year 2 was $2.77 per share. The company's price-earnings ratio for Year 2 is closest to:

A. 4.54 B. 0.35 C. 13.40 D. 9.23

Business

Which of the following is usually set up by a hacker outside the building?

A) a rogue access point B) an evil twin access point C) both A and B D) neither A nor B

Business

All user training must be done as a formal course

Indicate whether the statement is true or false

Business