What are the purposes of a registration statement and what information must it contain?
A registration statement has two purposes: to notify the SEC that a sale of securities is pending and to disclose information to prospective purchasers. The registration statement typically must include (1) detailed information about the issuer and its business, (2) a description of the stock, (3) the proposed use of the proceeds from the offering, and (4) three years of audited financial statements.
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The number of shares sold or distributed to stockholder are_______________
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Answer the following statements true (T) or false (F)
1) The last-in, first-out (LIFO) costing system may or may not match the physical flow of goods. 2) The last-in, first-out (LIFO) costing system is permitted under International Financial Reporting Standards (IFRS). 3) Under International Financial Reporting Standards (IFRS), companies may only use the specific identification, FIFO, and weighted-average methods to cost inventory. 4) When a company uses the last-in, first-out (LIFO) method, the cost of goods sold represents the costs of most recently purchased goods, and the ending inventory represents the oldest costs. 5) When using the weighted-average inventory costing method in a perpetual inventory system, a new weighted average cost per unit is computed at the end of each quarter.
An attorney-in-fact is the label given to an agent whose authority is:
A. assumed after the death of the principal. B. in writing. C. apparent. D. implied.
Users of social networking sites need to remember that ________ is a myth and should avoid sharing sensitive information and inappropriate content
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