Which one of the following statements is FALSE? OA) Interest is tax deductible while the dividend is not. B) Shareholders have the residual rights to the return of capital in the event of liquidation. C) Both shareholders and debt holders can vote at the Annual General Meeting D) Interest is the obligation of the company while the dividend is not.
Q: Which of the following is not an objective of administration? A. To rescue a company in…
A: In an organization, administration refers to the process of managing the business operations that…
Q: As a governance mechanism the “threat of takeover” refers to: a) The risk that the government might…
A: Threat of takeover is defined as the fear of acquiring firm by others among the management of the…
Q: 115) The owners of a publicly traded company are: a) Members of the board of directors b) Bond…
A: A corporation that has listed itself on at least one public stock exchange and offered securities to…
Q: ow is Christian business ethics different than secular business ethics?
A: Ethics is a branch of philosophy that studies systems of moral principles for determining how…
Q: A covered call position is A. the simultaneous purchase of the call and the underlying asset. B.…
A: Ans : (D) the purchase of a share of stock with a simultaneous sale of a call on that stock
Q: Besides a corporation setting (listed and non-listed), identify a situation, an arrangement, or an…
A: When officials have incentives to operate in their own interests rather than as agents for the…
Q: Current Attempt in Progress Blossom Co. had these transactions during the current period. June 12…
A:
Q: Mark and Matt co-own an auto repair shop 50/50. They each schedule their own customers, use their…
A: Answer is B, Mark and Matt are co-owners of the property but run their businesses independently of…
Q: 39. each person insured under a group life insurance is a a. shareholder b. beneficiary c.…
A: The question is asking to identify the correct term for a person who is insured under a group life…
Q: corporation is obligated to pay dividends to its shareholders the same way it has to make gular debt…
A: In the realm of corporate finance, the relationship between corporations, their shareholders, and…
Q: Which does not require the approval of stockholders? a. Declaration of cash dividends b. Purchase…
A: Corporate decision-making is a critical aspect of managing a business and ensuring its success. As a…
Q: Which type of partners risk only their investment in the business. a. Unlimited Partners b. Limited…
A: Find the answers below: The Correct answers are: Q1) b) Limited Partners…
Q: A statement which is a very short expression consisting of a few words which summarizes what the…
A: Management is a dynamic and essential discipline that plays a crucial role in the success and…
Q: correct? A. Firms that use large amounts of operating leverage will find that their EBIT will be…
A: Operating leverage is a concept used in finance and accounting to measure the impact of fixed costs…
Q: a) Explain what company auditors are and how they are appointed and removed. b) Explain the…
A: a) Company Auditors:Company auditors are professionals responsible for assessing and verifying the…
Q: Of the following acts, which is an unfair method of competition, or an unfair or deceptive act or…
A: Using the premium fund trust account with an intent to indicate a goal of production is unfair…
Q: Globex Corp. has 1000 shareholders as of 31 Dec 2019. On that date Globex Corp released its…
A: Globex Corp. 31 Dec 2019 1000 Shareholders (Assuming each holding one share) - Existing or old…
Q: You have incorporated a business which a pack of Tommies now seeks to take over. You oppose this and…
A: IN THE ABOVE CASE,THE TOMMIES SEEKS TO TAKE OVER BUSINESS WHICH IS ALREADY AT THE PEAK STAGE
Q: How fill Form 1120 Corporations with this info: (it's a fake company) For learning purposes only…
A: About: Form 1120 for corporations: Form 1120 is a United States Internal Revenue Service Tax Form…
Q: Brent is a very talented accountant with ambitions to become the general manager of his firm.The…
A: IRAC is a method of legal analysis that involves the identification of the legal issue, explaining…
Step by step
Solved in 3 steps
- The major difference between realizing a capital loss or a business investment loss is the sale of shares or write-off of debts of a Small Business Corporation. True FalseGowns a Business Overhead Expense policy with a monthly benefit of $5,000. G pays an annual premium on January 1. On June 1 of the same year, G sells the later, G becomes disabled as the result of a fall. In this situation, which of the following monthly benefits, will Greceive? O A OC D. $10,000 $5,000 $2,500 $0Companies A and B differ only in their capital structure. A is financed 30% debt and 70% equity: B is financed 10% debt and 90% equity. The debt of both companies is risk-free. a. Rosencrantz owns 1% of the common stock of A. What other investment package would produce identical cash flow for Rosencrantz? b. Guildenstern owns 2% of common stock of B. What other investment package would produce identical cash flows for Guildenstern?
- On January 1, Oriole Corporation had 97,500 shares of no-par common stock issued and outstanding. The stock has a stated value of $6 per share. During the year, the following occurred. Apr. 1 Issued 29,500 additional shares of common stock for $19 per share. June 15 Declared a cash dividend of $3 per share to stockholders of record on June 30. July 10 Paid the $3 cash dividend. Dec. 1 Issued 1,000 additional shares of common stock for $18 per share. 15 Declared a cash dividend on outstanding shares of $4.90 per share to stockholders of record on December 31. (a) Prepare the entries to record these transactions. (If no entry is required, select "No entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.)One company offers a candidate for employment 1,200 shares os stock options. Another company provides the same candidates an offer of 400 shares of restricted stock. Asuume both offers provide the same salary and comparable benefits. A.Both offers are equally valuable B. The offer with stock options is more valuable C. The odder with restricted stock is more valuable D. We need more information to determine which offer is more valuableSandy works for RigorMart. She supervises regional managers and directs them based on orders from the board of directors. Sandy’s position also entitles her to stock ownership in the company. What is Sandy’s position in the company? Executive and shareholder Executive, shareholder, and director Executive Shareholder
- Bailey is a limited partner in his company. A general partner in his company is going on an extended vacation and has asked Bailey to run the company while he is gone. If Bailey agrees to do so, he will no longer qualify as a limited partner. ( a) True b) FalseStructural subordination occurs when O There is a holding company and a group lends to its operating subsidiary One group lends to a holding company and there is no debt at its operating subsidiaries One group lends to an operating subsidiary on an unsecured basis O One group lends to a holding company and another group lends to its operating subsidiaryExplain public offering and its affiliation with taxable healthcare firms..
- Corporate foundations make up 90% of the foundation subsector. A. True B. FalseJanice's Juices, LLC is a single-member LLC that was created and began business on January 1, 2022. Due to an oversight, no S election (or other entity classification election) was made by the regular deadline to make an election for 2022. Assuming the business otherwise qualifies to request late S corporation election relief, it must file Form 2553 by which date?Limited liability companies are primarily designed to: A. allow a portion of their owners to enjoy limited liability while granting the other portion of their owners control over the entity. B. provide the benefits of the corporate structure only to foreign-based entities. C. spin off a wholly owned subsidiary. D. allow companies to reorganize themselves through the bankruptcy process. E. provide limited liability while avoiding double taxation.