Describe the four benefits of a Subchapter S Corporation.
What will be an ideal response?
(1) Limited liability. (2) The potential to consolidate financial statements for the tax benefit of the owners. (3) Relatively easy information compared with a Subchapter C Corporation. (4) Legitimacy in the market as a more established form of business (the ability to put "Inc." after the business name)
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A(n) ________ need is a need that the consumer explicitly verbalizes
A) stated B) affirmative C) unsought D) delight E) secret
When an uncollectible account is written off under the allowance method, the effect of the write-off is to
A) decrease net income. B) increase working capital. C) increase the accounts receivable net realizable value. D) leave total assets unchanged.
Suppose Stan holds a portfolio consisting of a $10,000 investment in each of 8 different common stocks. The portfolio's beta is 1.25. Now suppose Stan decided to sell one of his stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.35. What would the portfolio's new beta be?
A. 1.17 B. 1.23 C. 1.29 D. 1.36 E. 1.43
A replicated database is appropriate when
a. there is minimal data sharing among information processing units b. there exists a high degree of data sharing and no primary user c. there is no risk of the deadlock phenomenon d. most data sharing consists of read-write transactions