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On December 31, 2012, the Bennett Company had 115,000 shares of common stock issued and outstanding. On July 1, 2013, the company sold 21,000 additional shares for cash. Bennett's net income for the year ended December 31, 2013, was $600,000. During 2013, Bennett declared and paid $72,000 in cash dividends on its nonconvertible preferred stock. What is the 2013 basic earnings per share? (Round your answer to 2 decimal places.)
a) $4.78
b) $4.59
c) $4.21.
"When in Rome, do as the Romans do". Would this be a suitable guideline for MNC's (multinational corporations) doing business in developing countries with respect to ethical practices and social responsibility? Discuss.
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Explain how is the activity reflected on the balance on current (BCA) account different from the activity reflected on the capital and financial accounts (BFA).
For this assignment you need to evaluate one idea and how you would implement your stimulus strategy. Food for thought
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Why do you think that approximately one-sixth of the world's population has not experienced much substantive economic growth over the past 30 years?
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Blake eats two bags of potato chips each day. Blake's hourly wage increases from $9 to $15, and he decides to stop eating generic chips and instead eats a name brand potato chip. Use the midpoint method to calculate Blake's income elasticity of deman..
Why do Caterpillar and your parents have different opinions about the value of the dollar.
What is the present value of Stephany’s endowment? What is the future value of her endowment? With blue ink, show the combinations of consumption this year and consumption next year that she can afford in a graph.
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