What does the term "reverse piercing" reference in regard to a corporation and its shareholders?
a. Holding a corporation liable for debts of a shareholder
b. Holding a shareholder liable for debts of a corporation
c. Holding a corporation liable for debts of a shareholder and holding a shareholder liable for debts of a corporation
d. Holding a corporation liable for debts of a shareholder, holding a shareholder liable for debts of a corporation, and holding officers liable for debts of a corporation.
a
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A firm produces and sells two products, Plus and Max. The following information is available relating to setup costs (a part of factory overhead): Plus Max Units produced 200 16,000 Batch size (units) 10 400 Number of setups 20 40 Direct labor hours per unit 5 5 Total direct labor hours 1,000 80,000 Cost per setup$1,080 Total setup cost$64,800 Using number of setups as the activity base, the amount of setup cost allocated to each unit of product for Plus and Max, respectively is:
A. $21.60; $.54. B. $54.00; $27.00. C. $108.00; $2.70. D. $60.00; $60.00. E. $200.00; $16,000.00
The term "recognition" means to report an economic event in the financial statements.
Answer the following statement true (T) or false (F)
Discuss how the government regulates securities markets.
What will be an ideal response?
If an investor is speculating with a long call position, what is the most likely preference of the investor, relative to a change in rho?
A) Decrease B) Increase C) Stay constant D) Indifferent