Stockholders of a corporation share unlimited liability for debts of the corporation
Indicate whether the statement is true or false
false
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When a seller breaches a contract, the buyer may:
A. not recover consequential damages. B. buy other goods and recover damages from the seller based on additional expense incurred in obtaining the goods. C. legally sue the seller into performing if the seller repudiated the contract based on the buyer's insolvency. D. obtain specific performance only if the goods are not unique and can be found elsewhere.
____ would most likely be involved in product packaging decisions
A) Marketing manager B) Operations/production manager C) Finance manager D) Human resource manager
Data from Dunshee Corporation's most recent balance sheet appear below: Year 2Year 1Current assets: Cash$130 $100 Accounts receivable, net 270 290 Inventory 90 110 Prepaid expenses 10 10 Total current assets$ 500 $ 510 Total current liabilities$ 230 $ 220 Sales on account in Year 2 amounted to $1,170 and the cost of goods sold was $730.The working capital at the end of Year 2 is:
A. $500 B. $740 C. $270 D. $770
A firm utilizes a strategy of capital rationing, which is currently $375,000 and is considering the following two projects: Project A has a cost of $335,000 and the following cash flows: year 1 $140,000; year 2 $150,000; and year 3 $100,000. Project B has a cost of $365,000 and the following cash flows: year 1 $220,000; year 2 $110,000; and year 3 $150,000. Using a 6% cost of capital, what is the net present value of project A?
A) $25,930 B) $14,520 C) $11,589 D) $19,230