Stock owned by the organizers of the firm who will have full voting rights is:?

A. ?preferred stock.
B. ?common equity.
C. ?founders' shares.
D. ?convertible equity.
E. ?retained earnings.


Answer: C

Business

You might also like to view...

Insurance on a computer installation is an example of a(n) ____ cost

a. tangible b. intangible c. indeterminate d. variable

Business

Which of the following is a safe and conservative color often used for the background of electronic presentations?

A) Green B) White C) Blue D) Yellow E) Red

Business

Direct labor is a fixed cost because it always occurs

Indicate whether the statement is true or false

Business

How does disposal of an asset through sale, abandonment, or trade-in on another asset affect net income?

Business