An auditor identified a material weakness in internal control in December. The client was informed and the client corrected the material weakness shortly after year-end (December 31); the auditor agrees that the correction eliminates the material weakness as of January 31. The appropriate audit report on internal control under PCAOB standards on reporting on internal control is:

Even if heterosexuals are allowed to display pictures of loved ones in the workplace, a company could rightfully ask gays and lesbians not to do so

a. true b. false

Partridge, Inc provides the following information for 2017

Net income $33,000 Market price per share of common stock $13/share Dividends paid $0.90/share Common stock outstanding at Jan. 1, 2017 110,000 shares Common stock outstanding at Dec. 31, 2017 155,000 shares The company has no preferred stock outstanding. Calculate the dividend yield for common stock. (Round your answer to two decimal places.) A) 6.92% B) 1.92% C) 5.00% D) 7.44%