Answer:
False
Explanation:
The Securities Act of 1933 requires the registration of all the securities issued and sold ob public markets. This act had some exemptions:
- private offerings (if the securities were offered to a certain group of persons and/or institutions)
- offerings of a limited size: a very small issuance would be excluded, but remember that $5 million of 1933 are equivalent to more than $98 million today (average annual inflation of 3.48%)
- securities issued by government entities
- securities issued on intrastate offerings (only traded within a given state)
Answer:
b. deducted from net income whether declared or not
Explanation:
The formula to compute the basic earning per share is shown below:
Basic earning per share = (Net income - preferred stock dividend) ÷ (weighted average of outstanding shares)
In the case of the non- convertible cumulative preferred stock, the dividend should be paid whether the business earns profit or loss. If the business does not earn any profit during a particular year, in that period the dividend amount is carried forward to next year.
So, the dividend arrears are to be paid to the cumulative preferred stock.
Answer: Data Mining
Explanation: Mara Kay tasked with identifying previously unknown relationships in the company's sales data. This is an indication that Mara Kay will be working with pre-existing company data.
Data Mining can therefore be defined as the examination of large pre-existing databases in order to discover/identify patterns that will be useful in generating new information.
Data Mining is also known as Knowledge Discovery in Databases.
Data Mining will not be complete if the results of the analysis are not used for future purposes, therefore, Mara Kay will use the results of her findings for future promotions.
To identify what the organization is in business to do.
