If a shareholder works for the business then he:
a. will become a creditor of the corporation, but will not enjoy the same rights of recovery against the corporation as any other creditor
b. will not officially become a creditor of the corporation, but will enjoy the same rights of recovery against the corporation as any other creditor
c. will be removed from the corporation
d. will be forced to sell his shares in the company e. none of the other choices are correct
e
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A company has the following accounts receivable and estimates of uncollectible accounts: 1. Accounts not yet due = $60,000; estimated uncollectible = 3%.2. Accounts 1-30 days past due = $20,000; estimated uncollectible = 20%.3. Accounts more than 30 days past due = $10,000; estimated uncollectible = 50%. Compute the total estimated uncollectible accounts.
What will be an ideal response?
Even though investing activities center on the long-term assets shown on the balance sheet, they also include any short-term investments shown under current assets on the balance sheet
Indicate whether the statement is true or false
For lean practices to be successful, all of the following must meet or exceed quality requirements except?
a. Parts/assemblies b. MRO inventory c. Work-in-process d. Finished goods
The NALS is the professional organization for the legal secretaries
Indicate whether the statement is true or false.