The class or type of stock that every corporation must have is preferred stock.
Answer the following statement true (T) or false (F)
False
All corporations issue common stock. Many corporations issue preferred stock in addition to common stock.
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Rewrite the following sentence using the passive voice: "Your failure to submit the report on time delayed the project."
Danner City Bank, a commercial bank in Oklahoma, was suffering from financial losses. Once the U.S. government passed the _____ in 1999, the bank started recovering from its losses as it was allowed to sell its securities.
A. Securities Act B. Sarbanes-Oxley Act C. Banking Act D. Gramm-Bliley-Leach Act
Both up selling and cross selling methods encourage customers to spend a little more, and that results in boosting overall sales.
Answer the following statement true (T) or false (F)
The future value three years from today of a $100 three-year annuity due compounded at a rate of 10% is equal to ________
A) $300.00 B) $331.00 C) $364.10 D) $133.10