A corporation may purchase its own shares only out of earned surplus unless the articles of incorporation or the shareholders permit purchase out of capital surplus
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following benefits does technology bring to employees?
A. It reduces staff costs and overhead. B. It reduces their stress levels. C. It frees them from mundane tasks. D. It frees them from reassignment or dismissal.
A manufacturer wants to achieve rapid market penetration through a low-price policy. However, the manufacturer's dealers prefer to work with high margins and pursue short-run profitability. The major reason for this conflict is ________
A) goal incompatibility B) unclear roles C) ambiguous rights D) differences in perception E) dependence on the manufacturer
Percentage analyses, ratios, turnovers, and other measures of financial position and operating results are:
A) a substitute for sound judgment. B) useful analytical measures. C) enough information for analysis, industry information is not needed. D) unnecessary for analysis, but reaction is better.
There are seven production managers at Wallace Inc., four men and three women. All four men have higher salaries than the three women. Since the men have all been in the position longer than the women, Wallace Inc., has a legal justification for paying the men more.
Answer the following statement true (T) or false (F)