29) All of the following features may be characteristic of preferred stock EXCEPT A) callable. B) no maturity date. C) tax-deductible dividends. D) convertible. Answer: c If a firm has class A and class B common stock outstanding‚ it means that A) each class receives a different dividend. B) the par value of each class is different. C) the dividend paid to one of the classes is tax deductible by the corporation
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Inefficiency of Standardized Testing Preparing for college takes four years in the making. Students spend their high school career building up their eligibility for their desired college or university. In these four years‚ there are nights of non-stop studying for final exams‚ part time jobs‚ and countless numbers of extracurricular activities. Unfortunately‚ this still is not enough for colleges. Today‚ either the American College Test (ACT) or the Scholastic Aptitude Test (SAT) are required
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will give enormous amounts of homework. There should be limited homework for multiple reasons. There should only be a limited amount of homework because too much homework can cause stress on some people. Also‚ students that get a lot of homework might have to stay up late because they either had work after school or an afterschool activity. Teachers do not realize that even though their class is important it is not the only class students have‚ we have five other classes to study for. The average percentage
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Imagine one day you’re at school taking a standardized test. You pass by a question that asks: “ Which word best completes the sentence--She put the dirty dishes in the: sink‚ dishwasher‚ table‚ or chair?” You are a minority student and you live in a middle or lower-class home in which the income isn’t very high. You decide to pick “sink” as your answer because that’s where you put your dirty dishes. Turns out the right answer was dishwasher. How can you possibly pick something that you don’t even
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Gina Mancini Mrs. Sprague Honors English 12 December 19‚ 2011 The Tests That Can Determine an Entire Future Albert Einstein once said‚ "It is the supreme art of the teacher to awaken joy in creative expression and knowledge." How‚ though‚ may teachers follow these wise words‚ when they must constantly worry about educating their students so they can pass just one of the many standardized tests thrust upon them? John Dewey‚ an American philosopher‚ also said‚ "The real process of education
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Do you ever get the feeling someone is watching you? Do you feel as though people in higher positions abuse their power? The government should be able to use surveillance to maintain order. The government should be able to use their power‚ but they shouldn’t take advantage of the fact that they can see what’s going on. If you worked hard to get in a high position like the White House‚ you most likely deserve to use surveillance. The person who is using surveillance should be someone who has integrity
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Aspin Corporation’s charter authorizes issuance of 2‚000‚000 shares of common stock. Currently‚ 1‚400‚000 shares are outstanding‚ and 100‚000 shares are being held as treasury stock. The firm wishes to raise $48‚000‚000 for a plant expansion. Discussions with its investment bankers indicate that the sale of new common stock will net the firm $60 per share. a. What is the maximum number of new shares of common stock that the firm can sell without receiving further authorization from shareholders
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Do you believe that sports stars and entertainers make too much money? Today‚ many sports stars and entertainers make million of dollars every year. The advertising and commercialization of sport brings enormous profits not only to the athlete and entertainers‚ but also to many other organization involved in the sport business. In my opinion‚ the salaries and bonuses received by athletes are exaggerated. Sport is overemphasized in the U.S and our young generation should have a chance to
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Standardized tests are now a common practice among America’s schools. This has caused one of the most controversial debates in society today. Supposedly‚ they are a great way to measure student achievement‚ but it appears that the exams could be much more detrimental than they seem. Students are failing to pass year-long classes due to a single test. There is no way that the information learned within such an amount of time can be accurately or even fairly assessed this way. Within every student
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Standardized testing has been the center of a debate in America for many years. Standardized testing wasn’t well-known until the early 20th century (Linn 34) It was made to see where students can improve in certain areas and how schools can improve teaching their students material. As the years went on‚ it has been brought to attention that standardized testing is not effective in today’s society. Standardized testing has caused problems like students not being able to afford test prep and therefore
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