Zan Corp., a publicly owned corporation, is subject to the requirements for segment reporting. In its income statement for the current year-end, Zan reported revenues of $100,000,000, operating expenses of $94,000,000, and net income of $6,000,000. Operating expenses include payroll costs of $30,000,000. Zan's combined identifiable assets of all operating segments in the current year were $80,000,000. In its current-year financial statements, Zan should disclose major customer data if sales to any single customer amount to at least

Ashare stock is a small piece of ownership in a company ture or false

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.

Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.