Poole company began business on january 1, 2015. the corporate charter authorized issuance of 5,000 shares of

$1 par value common stock, and 4,000 shares of $8 par value, 6% cumulative preferred stock. none of the preferred shares were issued. on july 1, poole issued 1,000 shares of common stock in exchange for two years rent on a retail location. the cash rental price is $2,400 per month and the rental period begins on july 1. the correct entry to record the july 1 transaction will

a. increase cash, $57,600; decrease prepaid rent, $57,600

b. increase prepaid rent, $57,600; increase common stock, $57,600

c. increase prepaid rent, $57,600; increase common stock, $1,000; increase additional paid-in capital-- common, $56,600

d. increase prepaid rent, $57,600; increase common stock, $5,000; increase additional paid-in capital-- common, $52,600

Verizon communications, inc., provides the following footnote relating to its leasing activities in its 10-k report. the aggregate minimum rental commitments under noncancelable leases for the periods shown at december 31, 2010, are as follows: years (dollars in millions) capital leases operatingleases 2011 $97 $1,898 2012 74 1,720 2013 70 1,471 2014 54 1,255 2015 42 1,012 thereafter 81 5,277 total minimum 418 $ 12,633 rental commitments less interest and (86) executory costs present value of 332 minimum lease payments less current (75) installments long-term obligation $257 at december 31, 2010 (a) confirm that verizon capitalized its capital leases using a rate of 7.4 %. (b) compute the present value of verizon's operating leases, assuming an 7.4% discount rate and rounding the remaining lease term to 3 decimal places. (use a financial calculator or excel to compute. do not round until your final answers. round each answer to the nearest whole number.)

The green fiddle has declared a $5 per share dividend. suppose capital gains are not taxed, but dividends are taxed at 15 percent. new irs regulations require that taxes be withheld at the time the dividend is paid. green fiddle stock sells for $71.50 per share, and the stock is about to go ex-dividend. what will the ex-dividend price be?

In order to be thoughtful about the implementation of security policies and controls, leaders must balance the need to reduce with the impact to the business operations. doing so could mean phasing security controls in over time or be as simple as aligning security implementation with the business’s training events.