Please verify that the following multiple choice questions (in bold) are correct.

For 2013, Skresso Co. reported $3.64 of earnings per share of common stock. During 2014, the firm had a 4% common stock dividend. The 2013 earnings per share to be reported in the annual report for 2014 are:

$3.79.

$3.64.

$3.50.

$3.49

.

The notes to the financial statements:

- are not an integral part of the financial statements.

- explain the significant accounting policies of the company.

- usually disclose the amount of the company's bad debts expense.

- describe management's product development plans for the coming year.