Under Regulation D and Rule 504, Small Corporate Offering Registrations can be used for stock issues sold without full registration if the money being raised:
a. is no more than $1 million b. is no more than $10 million c. is more than $100 million
d. will come only from corporations with net asset values under $10 million e. none of the other choices
a
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Dana and Emile allocate 2/3 of their partnership's profits and losses to Dana and 1/3 to Emile. The net income of the firm is $40,000. The journal entry to close the Income Summary will include a ________. (Do not round any intermediate calculations.)
A) credit to Income Summary for $26,667 B) debit to Dana, Capital for $13,333 C) credit to Emile, Capital for $26,667 D) debit to Income Summary for $40,000
Which of the following would not be considered an intangible asset?
A) Franchise rights B) Copyrights C) Investments D) Trademarks
A television commercial for Elate perfume features a woman walking along a beach. The ad attempts to connect the woman's physical beauty to the attractiveness of the perfume. In the ad, the model serves as a(n)
A. passive model. B. source echo. C. direct source. D. active communicator. E. message shaper.
The filing status that yields the largest standard deduction per taxpayer is
A) married, filing jointly. B) head of household. C) single individual. D) married, filing separately.