When computing profit on an after-tax basis, it is necessary to multiply the pretax profit by (1 - effective tax rate)
Indicate whether the statement is true or false
T
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Physical LAN components include NICs, client devices, servers, printers, cables, hubs, switches, and routers
Indicate whether the statement is true or false
________ involves development programs, courses, and events that are developed and organized by the company.
A. Implicit learning B. Transfer of training C. On-the-job knowledge D. Formal training E. Tacit knowledge
At the end of 2019, Long Life Light Bulb Corporation announced a gross profit of $1 million. The company has also established that over the course of this year that it has incurred $345,000 in operating expenses and $125,000 in interest expenses. The company is subject to a 21% tax rate and has declared $57,000 of total preferred stock dividends.
(a) Calculate the earnings available for common stockholders? (b) Compute the increased retained earnings for 2019 if the company were to declare a $4.25 common stock dividend. The company has 15,000 shares of common stock outstanding.
The expected utility approach
a. does not require probabilities. b. leads to the same decision as the expected value approach. c. is most useful when excessively large or small payoffs are possible. d. requires a decision tree.