In the case of C corporations, shareholders don't pay income taxes on _____.

A. non-operating incomes
B. dividend covers
C. gross margins
D. retained earnings


Answer: D

Business

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Kingston Company settled a long-term note payable it owed to Creative Company by issuing capital stock. Kingston would report this

A) only as a cash outflow from financing activity for the payment of the debt. B) only as a cash inflow from financing activity for the issuance of the capital stock. C) in the schedule of noncash investing and financing transactions. D) as both a cash flow from investing activity and a cash flow from financing activity.

Business

Agile methods can be used on larger scale projects in which several teams are working on different features at the same time. This is called ________.

Fill in the blank(s) with the appropriate word(s).

Business

Consider the following time series data. Suppose that you use exponential smoothing with an alpha of 0.7 to fit a forecasting model. The forecast for period 7 is

Period Forecast Actual value Period 1 10 10 Period 2 10 11 Period 3 10.7 9 Period 4 9.51 12 Period 5 11.253 13 Period 6 12.476 11 A) 10.443 B) 12 C) 9.443 D) 12.443 E) 11.443

Business

If a person's response to an offer changes the terms of that offer, this response is known as

a. a revocation. b. an option. c. a counteroffer. d. an illegal response.

Business