A share of stock is currently selling for $20.80. If the dividend just paid is $2.00 and investors are seeking a 14% return, what is the anticipated rate of constant growth?

The purpose double entry book keeping is to act as a check on errors.

a. true b. false

Under the AICPA Code of Professional Conduct, a covered member is most likely no permitted to

a. Have an immaterial indirect financial interest in an affiliate of an attest financial statement b. Perform bookkeeping services for an audit client c. Perform tax preparation services for an audit client d. Have any joint closely held investment with a principal shareholder of an audit client during the period of audit engagement