I’m pretty sure it’s debug!
Answer:
$622,000
Explanation:
Annual dividend = 31,100 × 5% × $100 = $155,500
Since it a cumulative preferred stock, it implies that dividend for each of the previous years when dividend were not paid by Sunland Corporation will be accumulated and paid together with the current one.
Since January 2, 2014 to December 31, 2017 is 4 years, that means dividend will be paid to cumulative preferred stock holders for 4 years as follows:
Preferred stockholders dividend for 4 years = $155,500 × 4 = $622,000
Therefore, preferred stockholders are entitled to receive $622,000 in the current year before any distribution is made to common stockholders.
Answer:
B) Businesses can actually do very little in terms of social responsibility.
Explanation:
Milton Friedman is most famous for the defense of the Chicago School economics which is a neoclassical approach to macroeconomics. He favored free trade, smaller government and a slow but constant growth of the money supply. I personally disagree with neoclassical economists because they have the tendency to mess things up and time proves they are always wrong (that is a biased but positive statement). He was the father of monetarism, but if you look at his last two disciples, George Bush and George W. Bush, the outcome was not positive ⇒ 3 deep recessions in 3 presidential terms.
As a neoclassical economist, Friedman believed and argued in favor of the trickle down in economics. That means that if you allow the rich to get overwhelmingly rich, their riches will spill over to the rest of society. Not because they are good people that like to share their wealth, but because they need workers and employees to keep consuming goods and services in order to get the economy moving. Eventually the spilled over wealth should return to the top. So it is no wonder why he opposed corporate social responsibility, since wasting time and money in the community, employees or the environment was simply a waste of resources that could be used to increase stockholders' wealth.
I understand how theoretically this might work, but it takes the human factor out of the equation and expectations are extremely important in economics, that is why they always fail.
Lisa is an HR manager who has been assigned the task of establishing pay rates to ensure external equity. Lisa most likely should conduct a salary survey.
The human resources department is responsible for a wide range of functions within a company. HR manager are responsible for recruiting and hiring new employees, managing employee benefits and records, and administering pay.
They may also be responsible for employee training and development, and employee relations. They also play a key role in developing and implementing company policies and procedures.
To know more about HR, click here.
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Answer:
There is a violation of Uniform State Law because the agent has made an offer to sell an unregistered non-exempt security in that State
Explanation:
The Uniform State Securities Law is also called blue sky law, and they are put in place at the State level to prevent fraud and to enforce security regulation.
This law was set up to handle investments that do not occur at the federal level. These are out of the purview of the SEC so states handle them.
In the given scenario the agent is trying to make a non exempt security exempt by buying it from the client.
This is an attempt to sell the securities to investors through fraudulent means and it is a violation of Uniform State Law
