Revealing the presentation plan to the audience decreases their understanding of the presentation
Indicate whether the statement is true or false
False
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The board approves a proposed amendment to deny existing preemptive rights to Class A preferred, and to issue stock in a new Class D preferred that would be accorded liquidation preference after all other classes of preferred stock. Preferred Classes B and C would remain the same. Which of the following would be true?
a. Only Class B and C shareholders vote. b. A majority of Class A, B, and C shareholders all together would be needed to pass the amendment. c. Class B and C shareholders would not be entitled to vote at all. d. Class A and C shareholders would vote together.
The modified accelerated cost recovery system (MACRS):
A. Is an outdated system that is no longer used by companies. B. Is identical to units of production depreciation. C. Does not allow partial year depreciation. D. Is included in the U.S. federal income tax rules for depreciating assets. E. Is required for financial reporting.
If a nation has a surplus in its current account,? 1. it exports fewer goods than it imports 2. it exports more goods than it imports 3. the value of its currency should fall 4. the value of its currency should rise
A. ?1 and 3 B. ?1 and 4 C. ?2 and 3 D. ?2 and 4
A markup of 33% based on cost is desired for a load of 800 bushels of peanuts. They were purchased at $5.85 per bushel. What should the selling price per bushel be after adjusting for an anticipated 21% spoilage rate? (Round answer to the nearest cent)
A) $7.78 B) $3.91 C) $10.56 D) $9.85