An alien insurer is:
A) one that is home-officed outside the U.S.
B) one that has offices both in the U.S. and in other countries
C) one that is incorporated in another state
D) one that has not been in existence for at least three fiscal years
A
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Lester Company reported the following information for the year ended December 31, 2015: Net income $1,000,000 Preferred dividends declared and paid 160,000 Common dividends declared and paid 90,000 Average common shares outstanding 100,000 Ending market price per share 35 Net sales 3,100,000 ? What was Lester's earnings per share for 2015?
A) $8.40 B) $10.00 C) $7.50 D) $31.00
A company could decide to call its bonds because it will eliminate any restrictions on operations from certain debt covenants
Indicate whether the statement is true or false