Which of the following statements about S corporations is true?
A. S corporations can have several classes of stock.
B. An S corporation has unlimited liability.
C. S corporations can only have 75 shareholders.
D. An S corporation is a flow-through entity for federal income tax purposes.
Answer: D
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Which of the following is not a correct rule of debits and credits?
A) assets, expenses and withdrawals are increased by debits B) assets are decreased by credits and have a normal debit balance C) liabilities, revenues and owner's equity are increased by credits D) the normal balance for revenues and expenses is a credit
Which of the following are not factors that may impact the return on stock or bond investments?
A) An individual investor's comfort with the level of risk of an investment. B) Recent weakness in China's economy. C) Increasing interest rates in the U.S. economy. D) Increasing inflation in the U.S. and Europe.
The net present value assumes that cash inflows are reinvested at the net present value.?
Answer the following statement true (T) or false (F)
What is a dependent data mart?
What will be an ideal response?