Preferred stockholders have first claim on the assets of a corporation if the corporation dissolves
Indicate whether the statement is true or false
F
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When a receiver offers a smile when reading a message, the sender can be assured the message has been well received
Indicate whether the statement is true or false.
Which of the following would be manners through which removal of negative cues could help individuals become healthier?
a. Removing candy dishes, avoiding restaurants with dessert bars, and placing TV in exercise room b. Removing candy dishes, avoiding restaurants with dessert bars, and placing a TV in a little used room c. Removing candy dishes, not avoiding any restaurants, and placing a TV in a little used room d. Placing TV in exercise room and not removing candy dishes
Chita Corporation produces and sells a single product. The company's contribution format income statement for January appears below: Sales (5,500 units)$297,000Variable costs 165,000Contribution margin 132,000Fixed costs 105,300Operating profit$26,700Required:Redo the company's contribution format income statement assuming that the company sells 5,700 units.
What will be an ideal response?
Sarah transfers property with an $80,000 adjusted basis and a $100,000 FMV to Super Corporation in a Sec. 351 transaction. Sarah receives stock with an $85,000 FMV and a short-term note with a $15,000 FMV. Sarah's basis in the stock is
A. $80,000. B. $95,000. C. $100,000. D. $85,000.