It is important to distinguished low platelet count due to i…

It is important to distinguished low platelet count due to improper blood draw and/or slide preparation from true low platelet count.  There is also a condition called platelet satellitism where the platelets are attaching/surrounding a neutrophil. This event will cause falsely low platelet count.

Whaley Strings, Inc. has outstanding 600,000 shares of $2 pa…

Whaley Strings, Inc. has outstanding 600,000 shares of $2 par common stock and 120,000 shares of no-par 6% preferred stock with a stated value of $5. The preferred stock is cumulative and nonparticipating. Dividends have been paid every year except the past two years and the current year. Assuming that $225,000 will be distributed as a dividend in the current year, how much will the common stockholders receive?