SEC Rule 10b-5 (securities fraud) applies only to registered securities
a. True
b. False
Indicate whether the statement is true or false
False
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The Innovator's Dilemma suggests that established companies can take advantage of ________ without hindering existing relationships with customers, partners, and stakeholders.
A. Sustaining technology B. Collective intelligence C. Existing investments D. Disruptive technology
Internet sites, physical stores, and kiosks are most closely associated with which element of the marketing mix?
A. price B. promotion C. place D. product E. proximity
Pain Corporation holds 90 percent of Soothing Company's common shares but none of its preferred shares. On the date of acquisition, the fair value of the noncontrolling interest was equal to 10 percent of the book value of Soothing Company. Summary balance sheets for the companies on December 31, 20X8, are as follows: PainCorporationSoothingCompanyCash and Receivables $80,000 $70,000 Inventory 40,000 30,000 Buildings and Equipment (net) 160,000 150,000 Investment in Soothing Company 135,000 0 Total Assets $415,000 $250,000 Accounts Payable 50,000 $25,000 Preferred Stock ($10 par value) 50,000 75,000 Common Stock ($5 par value) 100,000 50,000 Retained Earnings 215,000 100,000 Total
Liabilities and Owners' Equity $415,000 $250,000 Pain's preferred pays a 8 percent annual dividend, and Soothing's preferred pays a 10 percent dividend. Soothing's preferred shares can be converted into 20,000 shares of common stock at any time. Soothing reported net income of $35,000 and paid a total of $10,000 of dividends in 20X8. Pain reported income from its separate operations of $80,000 and paid total dividends of $25,000 in 20X8.Based on the information provided, what is the diluted earnings per share for the consolidated entity for 20X8? A. $4.33 B. $3.80 C. $4.00 D. $4.53
Discuss the three basic tasks performed by computers