The creation of a corporation begins when its incorporators obtain a charter from the state
Indicate whether the statement is true or false
TRUE
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The data below is for Benton Corporation for 2015. Accounts Receivable—January 1, 2015 $334,000 Credit sales during 2015 850,000 Collections from credit customers during 2015 725,000 Customer accounts written off as uncollectible during 2015 Allowance for Doubtful Accounts [Credit Balance] (After write-off of uncollectible accounts) 12,000 1,700 Estimated uncollectible accounts based on an
aging analysis 13,200 Refer to the data for Benton Corporation. What is the balance of Accounts Receivable at December 31, 2015? a. $209,000 b. $225,000 c. $447,000 d. $459,000
How can a "pressured" party respond to the other side's hard distributive tactics?
What will be an ideal response?
In persuading a busy executive to visit a college class, which of the following illustrates a direct benefit to the reader?
A) You will be helping students learn about the finance field. B) You will receive a $500 honorarium. C) We would appreciate your giving up your time, and we are grateful for your efforts. D) You would earn the respect of all your colleagues.
Which of the following statements is CORRECT?
A. If a company's beta doubles, then its required rate of return will also double. B. Other things held constant, if investors suddenly become convinced that there will be deflation in the economy, then the required returns on all stocks should increase. C. If a company's beta were cut in half, then its required rate of return would also be halved. D. If the risk-free rate rises by 0.5% but the market risk premium declines by that same amount, then the required rates of return on stocks with betas less than 1.0 will decline while returns on stocks with betas above 1.0 will increase. E. If the risk-free rate rises by 0.5% but the market risk premium declines by that same amount, then the required rate of return on an average stock will remain unchanged, but required returns on stocks with betas less than 1.0 will rise.