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%.
you didnt post the passage
I believe the correct answer is C. inverted.
The natural order in an English sentence would require that the verb follows the subject. However, sometimes, for stylistic purposes, we have the reversed order: the verb comes before the subject, as in: All before him was blank darkness (the verb is bold). The natural order of this sentence would be: Blank darkness was all before him.
A baby horse is called a colt
Utah? because of the commercial "live elevated"
