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NEW QUESTION: 1
An employee earning $80,000 per year decides to begin contributing to his company's 401(k) plan effective January 1st. Assuming he is in the 25% tax bracket, contributes 15% of his pay into the plan each month and receives a company match of $0.50 for every dollar he contributes, what is his taxable compensation that year?
A. $74,000
B. $51,000
C. $68,000
D. $80,000
Answer: C

NEW QUESTION: 2
選択リストに含めることができる値の最大数はいくつですか？
A. 0
B. 2.000
C. 1
D. 1.000
E. 2
Answer: E

NEW QUESTION: 3
Common stock and preferred stock differ in that:
A. common stock pays a fixed dividend while the dividend associated with preferred stock will typically increase as the earnings of the firm increases.
B. preferred stockholders have more voting rights than the common stockholders of the firm.
C. preferred stockholders will receive their part of the proceeds if the firm is liquidated before the common shareholders receive anything.
D. the firm is legally mandated to make the dividend payments on its preferred stock; there is no legal obligation to make dividend payments on its common stock.
Answer: C
Explanation:
Explanation/Reference:
Explanation: Common stock and preferred stock differ in that preferred stockholders will receive their part of the proceeds if the firm is liquidated before the common shareholders receive anything. Neither preferred stock nor common stock dividends are legal obligations of the firm. Preferred stock typically pays a fixed dividend that does not vary with the firm's earnings, while the common stock dividend may.
Except in special circumstances specified in the preferred stock agreement, preferred shareholders have no voting rights.