Mikhail, a Korean, wishes to be a stockholder in an airline company in the United States. However, he is told that he cannot buy shares of the company as he is neither a U.S. citizen nor a permanent resident of the country. Besides this, he can become a stockholder only if any of the current stockholders decide to sell their shares as the company already has 100 stockholders. Given this information, it can be assumed that Mikhail wants to be a stockholder of a(n) _____.
A. S corporation
B. C corporation
C. not-for-profit corporation
D. statutory close corporation
Answer: A
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Answer the following statements true (T) or false (F)
1. According to the GLOBE research program, there are no leadership behaviors that are universally accepted across all cultures. 2. Cultural tightness is associated with order and efficiency, conformity, and low rates of change. 3. After a certain age, it is impossible to adapt to another culture. 4. Being homesick is a symptom of culture shock. 5. It is imperative that leaders embrace all forms of diversity.
Name the benefits of being mindful.
What will be an ideal response?
Orange Office Supply Corporation completed the following stock issuance transactions
Mar. 28 Issued 5,000 shares of $4 stated value common stock for cash of $20 per share May 1 Received merchandise inventory with a market value of $46,000 in exchange for 2,000 shares of the $4 stated value common stock. May 14 Issued 450 shares of 5%, $20 par value preferred stock for $50 per share Prepare the journal entries to record these transactions. Explanations are not required. What will be an ideal response
Which of the following forms of hospital insurance makes full and direct reimbursement to the provider of care for covered services?
A) Hospital expense insurance B) Hospital indemnity insurance C) Hospital service-benefit coverage D) all of the above