All of the following are characteristics of a closely held corporation EXCEPT:
a. the shares are publicly traded.
b. the corporation can typically operate without a board of directors.
c. the shareholders usually restrict share transfer.
d. minority shareholders are provided more protection than in regular corporations.
a
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Astoria is using a software application to prepare the balance sheet. Which of the following should be included in the fixed assets category?
A. Land B. Copyrights C. Contingency funds D. Goodwill
A new pizza restaurant is opening in town. The owners of this restaurant decide to place an advertisement in the town newspaper announcing the date of their big opening. The owners of the restaurant are using ________
A) mass communications B) a push strategy C) word-of-mouth communications D) public relations E) one-to-one marketing
Answer the following statements true (T) or false (F)
On the statement of cash flows, the proceeds from the sale of equipment would be classified as a financing activity.
A business plan presentation remains the same for different audiences.
Answer the following statement true (T) or false (F)