If a business is operated by a partnership, LLC, or S corporation, then operating losses will be passed through to the individual partners or shareholders
a. True
b. False
Indicate whether the statement is true or false
True
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Modern Shades, a firm that manufactures cosmetic products for women, should have had a market share of 8% in the cosmetics market, but owing to a variety of other factors, its actual market share was only 5%
Furthermore, it was estimated that the business' market share index potential would be 15% if the business achieved the desired level of customer response along the share development path. What is Modern Lip's share development index (SDI)? A) 20 B) 33.3 C) 53.3 D) 67.5 E) 86.7
A large retailer selling food and most routinely purchased consumer products is a
A. hypermarket. B. supermarket. C. discount store. D. warehouse club. E. superstore.
Assume that a $50 strike put pays a 2.0% continuous dividend, r = 0.07, ? = 0.25, and the stock price is $48.00
What is the profit or loss, per share, for a short put position if the option expires in 60 days and the price rises to $50.00 after 5 days? A) $1.05 loss B) $1.05 gain C) $1.12 gain D) $1.12 loss
Discharge. Richard and Coralea Triplett signed two promissory notes—one for $14,000 and one for $3,500—in favor of FirsTier Bank, N.A. The Tripletts sent the bank a check for $7,200 as payment on the notes. A clerk divided the $7,200 payment to pay
the second note in full and to reduce the amount owed on the first note. The clerk then incorrectly stamped the first note "PAID," signed it, and mailed it to the Tripletts. Later, a different clerk stamped the second note "PAID," signed it, and returned it to the Tripletts. When FirsTier sued the Tripletts in a Nebraska state court for the rest of the money due on the first note, the Tripletts asserted that the bank had stamped "PAID" on the note and returned it. The bank contended that it had not intended to release both notes. In deciding whether the first note was discharged, what factors should the court take into consideration?