When can a sole proprietorship legally be dissolved?
a. sales exceed $1 million
b. the partners reorganize the firm's structure
c. earnings are less than $500,000
d. the owner donates profits
e. the owner dies
Answer is e. the owner dies
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Anne is a frequent purchaser of Yoplait strawberry yogurt. For once, she decides to try a different flavored yogurt. Instead of trying out the flavors offered by competing brands, Anne selects a different flavor offered by Yoplait
Here, her past experience with the brand prompts her to make the choice. Anne's behavior can be best described as ________. A) fallacy of proposition B) associative networking C) generalization D) heuristic thinking E) self-actualization
The company has no preferred stock outstanding. Calculate the dividend payout ratio. (Round any intermediate calculations and your final answer to two decimal places.)
Pearlman, Inc. provides the following information for 2019:
A) 42.02%
B) 23.36%
C) 30.00%
D) 43.86%
Which of the following is NOT included in the AMA’s code of ethics?
A. do no harm B. profitability C. foster trust D. embrace ethical values
When preparing the operating activities section of the statement of cash flows using the indirect method, an increase in income taxes payable is added back to net income.
Answer the following statement true (T) or false (F)