What is the first step that must be taken to terminate a corporation?
A. filing
B. vote
C. revocation
D. winding up
Answer: B
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If a firm generates a rate of return on __________________________________________________ equal to the discount rate used by the investor then it does not matter if an analyst uses cash flows to the investor or cash flows to the firm
Fill in the blank(s) with correct word
Expenses that fall outside the regular operations of a business are ________
A) not shown in the income statement of a merchandiser B) treated as current assets and are shown as merchandise inventory C) included under the other revenues and expenses section of the income statement D) not considered for the calculation of net income
When is an employee entitled to a right-to-sue letter from the EEOC?
A) When the EEOC concludes that there has been discrimination B) Within 180 days from the time the employee filed a complaint C) Within 180 days from the time the employee filed a complaint provided the EEOC finds that there has been discrimination D) Only when the EEOC concludes it will not take the case any further E)None of the above
The term "tax haven" refers to a foreign country that imposes an income tax at a rate higher than the U.S. rate.
Answer the following statement true (T) or false (F)