Benson Company received cash of $1,000,000 from issuing common stock at par value. As a result of this transaction, the company's debt to equity ratio will:
A. Increase.
B. Remain the same.
C. Decrease.
D. Cannot be determined.
Answer: C
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Lometa's Dry Cleaning has the following revenue and expenses: Total revenue $35,400 Total expenses 43,200 Determine Lometa's Dry Cleaning net income or net loss
a. $78,600 net income b. $7,800 net loss c. $78,600 net loss d. $7,800 net income
In the Shannon-Weaver communication model, the ______ confirms the message has been understood.
A. encoder B. sender C. receiver D. decoder
To attract venture capital funding, an investment must have significant capital appreciation potential.
Answer the following statement true (T) or false (F)
The courts may grant a petition of involuntary dissolution if shareholders:
a. do not approve of fundamental changes of the board. b. show that the corporation has not kept adequate records or filed annual reports. c. did not receive their dividends. d. show that corporate assets are being squandered.