Double taxation is a disadvantage of a corporation because the same party has to pay taxes twice on the income
Indicate whether the statement is true or false
False
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Which of the following events would cause a bank to reduce a depositor's account?
A. The bank corrects an error from previous month by adding $75 to the depositor account. B. There are deposits in transit on the account at month-end. C. The bank collects a note receivable and related interest on the depositor's behalf. D. There are outstanding checks drawn on the account at month-end. E. The depositor orders new checks through the bank at a cost of $50.
________ is the stockholders' equity applicable to common shares divided by the number of common shares outstanding.
What will be an ideal response?
______ are short sayings that express things that are obviously true in a particular culture and often advise people how they should behave.
A. Proverbs B. Idioms C. Maxims D. Euphemisms
CN Railways is North America's fifth largest railway. Use the financial information in the table to calculate CN's maximum sustainable growth rate
CN Railway Company As of December 31, Year 10 ROE 8.62% ROA 3.02% Net Profit Margin 9.35% Total Asset Turnover 0.32 Dividend Payout Rate 30% A) 2.2% B) 3.1% C) 6.4% D) 7.0% E) 9.4%