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NEW QUESTION: 1
Bubba Corporation has net income of $4,200,000. It has 100,000 outstanding shares of 8% preferred
stock ($100 par value) and 400,000 shares of common stock ($10 par value). What are the earnings per
share of common stock?
A. $8.50
B. $10.50
C. $4.20
D. $6.00
Answer: A
Explanation:
$8.50. Subtract the preferred dividend of $800,000 (100,000 x 8% x 100) from the net
income. Divide the result of $3,400,000 ($4,200,000 - $800,000) by the 400,000 common shares to obtain
$ 8.50.

NEW QUESTION: 2
You can use a table with a header line for object-oriented programming
A. False
B. True
Answer: A

NEW QUESTION: 3
You have two roles that are associated to the same user. Which statement is true about how the roles are evaluated to form the permissions of the user?
A. A role that denies a command takes priority over a role that permits a command
B. Only the commands that are permitted by both roles can be executed
C. A combination of all commands that are permitted by the roles can be executed
D. An implicit permit is applied to both roles at the end of each rule set
Answer: C

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