Parliament Corporation's capital consists of 25,00 . shares of $100 par 8% preferred stock and 75,00 . shares of no-par common stock. The board of directors declared a dividend of $293,750 . Calculate the dividend per share for common stock


$1.25

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To combat terrorism, many national governments such as the United States have a number of ______.

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Inventory at the end of the current year is overstated by $20,000. What effect will this error have on the following year's net income?

a. Net income will be overstated by $20,000 b. Net income will be understated by $20,000 c. Net income will be correctly stated d. Net income will be understated $40,000

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Which of the following is true regarding the Accounting Standards Board (ASB) in the UK?

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According to the textbook, the contribution from a group of individuals with varying knowledge, skills, backgrounds, and experiences can be a powerful force in creating ____________ ideas and solutions.

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