Which of the following statements is true with regard to preferred stock (preference shares)? Multiple Choice Most preferred stock (preference shares) is reported under IFRS as equity. Most preferred stock (preference shares) is reported under U. S. GAAP as debt. Under IFRS, preferred stock dividends are reported in the income statement as interest expense. Under U. S. GAAP, mandatorily redeemable preferred stock is reported as equity.

Calvin works at a facility which processes apples. it costs the facility $0.68 to make either a jar of applesauce or a bottle of apple juice. due to the nature of the process and contractual agreements, calvin's facility must make and sell three jars of applesauce for every two bottles of apple juice. a jar of applesauce sells for $2.20, and a bottle of apple juice sells for $3.15. if the facility has annual overhead costs of $368,500, not including production costs, how many bottles of apple juice will the facility have sold when it breaks even every year? round to the nearest whole bottle, if necessary.

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Suppose jamal purchases a pair of running shoes online for $60. if his state has a sales tax on clothing of 6 percent, how much is he required to pay in state sales tax?