In Stock Quotations the Dividend Amount Is Divided by the Closing

question 91

Multiple Choice

In stock quotations the dividend amount is divided by the closing price to obtain the

• A) par value
• B) subscription price
• C) price to earnings ratio
• D) dividend yield

Recognize the global aspect of bankruptcy and the treatment of foreign debtors.

Understand the basic set of procedures for bankruptcy cases.

Learn the sequential steps in a bankruptcy case from filing to debt discharge.

Identify the differences between various chapters under the U.S. Bankruptcy Code.

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Definitions:

Fair Labor Standards Act

A U.S. law establishing minimum wage, overtime pay eligibility, recordkeeping, and child labor standards affecting employees in the private sector and in federal, state, and local governments.

Federal Minimum Wage

The lowest hourly wage that employers can legally pay their workers, as mandated by federal law in the United States.

Salary

A fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee.