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NEW QUESTION: 1
Morgan Inc. was organized on January 2, 1997 with the following capital structure: 10% cumulative preferred stock, par value $100 and liquidation value $105; authorized, issued and outstanding
1,000shares, $100,000 Common stock, par value $25; authorized 100,000 shares; Issued and outstanding
10,000 shares, $250,000 Morgan had net income of $450,000 for its first year, but no dividends were declared. How much was Morgan's book value per preferred share at December 31, 1997?
A. $115
B. $100
C. $110
D. $145
E. $105
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The book value per share of cumulative preferred stock is its liquidation value plus any dividends in arrears. Thus, the book value per preferred share is the $105 liquidation value plus $10 ($100 X 10%) of dividends in arrears, or $115.

NEW QUESTION: 2
Your customer asks, "What version of OS X do I have to have installed on my older Mac so I can download OS X Yosemite from the App Store?" Which of the following is the correct response?
A. "To install OS X Yosemite, you will need to download a version of Mac App Store that will run on any version of OS X."
B. "To download OS X Yosemite from the App Store, you will need to have Mac OS X Snow Leopard v10.6.8 or newer installed."
C. "To update to OS X Yosemite, you need to have Mac OS X Leopard v10.5.2 or later already installed on your Macs."
D. 'To download OS X Yosemite, you will need to have OS X Mountain Lion v10.8 installed and App Store running."
Answer: B
Explanation:
Explanation/Reference:
Reference: https://www.apple.com/osx/how-to-upgrade/

NEW QUESTION: 3
You have a failover cluster named Cluster1 that contains four nodes. All of the nodes run Windows Server 2012 R2.
You need to schedule the installation of Windows updates on the cluster nodes.
Which tool should you use?
A. The Add-CauClusterRolecmdlet
B. TheWusa command
C. The Invoke-CauScancmdlet
D. TheWuauclt command
Answer: C
Explanation:
The Invoke-CauScancmdlet performs a scan of cluster nodes for applicable updates and returns a list of the initial set of updates that would be applied to each node in a specified cluster.
http://technet.microsoft.com/en-us/library/hh847235(v=wps.620).aspx http://technet.microsoft.com/en-us/library/cc720477(v=ws.10).aspx http://support.microsoft.com/kb/934307 http://technet.microsoft.com/en-us/library/hh847228(v=wps.620).aspx