On december 31, 2020, merlin company had outstanding 400,000 shares of common stock and 40,000 shares of 8% cumulative preferred stock (par $10). on february 28, 2021, the preferred stock was convertible into 30,000 shares of common stock. merlin issued an additional 36,000 shares of common stock. a 10% stock dividend was declared and distributed on july 1, 2021. on september 1, 2021, 9,000 shares were retired. at year-end, there were fully vested incentive stock options outstanding for 30,000 shares of common stock (adjusted for the stock dividend). the exercise price was $18. the market price of the common stock averaged $20 during the year. also outstanding were $1,000,000 face amount of 10% convertible bonds issued in 2018 and convertible into 50,000 common shares (adjusted for the stock dividend). net income was $900,000. the tax rate for the year was 25%.
I’m assuming you’re asking what that means. It means that you should always do things the kind way, even if it doesn’t exactly line up with what should be done. For example, I’m sure you’ve seen the movie Aladdin. Aladdin was a beggar and didn’t have food, so he stole. The guards wanted to kill him, which was the right way to handle things. However, the kind way to have settled this was to let him have the bread because he was starving.
Answer: his chance at love
This is just my guess, but maybe it's because the dictators use their words to climb up and become one?
For example, Adolf Hitler was in the congress for a long time before he became a dictator. He talked and gave lots of speeches that the Germans (At the time) thought were good, so they slowly trusted him and unfortunately let him become dictator.
I wouldn't use this as an answer to a quiz or test, though.
You should add 'es"......
