In preparing a statement of changes in shareholders' equity, the company includes land given to a shareholder as a dividend. This transaction is included in the statement because it represents
A) an investment by a shareholder that increases equity.
B) an investment by a shareholder that decreases equity.
C) a distribution to a shareholder that increases equity.
D) a distribution to a shareholder that decreases equity.
D
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Al owns all the shares in Star Manufacturing Inc Star became $800,000 in debt and declared bankruptcy
Al then went to his brother and got a loan for $150,000 and Al then incorporated a new corporation called Nova Manufacturing Inc Al owns all the shares in Nova. When the trustee in bankruptcy had a sale of all the assets of Star Manufacturing Inc, Al went to the sale on behalf of Nova and bought all the assets of Star for $100,000 (about 10% of their original value) as there were no other bidders on the equipment. Al is now carrying on his same business as before but under the name of Nova Manufacturing. The Star creditors who were owed $800,000 and only got a small percentage of what they were owed and are furious that Al is still in business. This is A) illegal as since Al owned all the shares in both corporations Nova is liable for Star's debt B) illegal as it is a fraud on the creditors C) legal as Star and Nova are separate legal entities and Nova is not liable for Star's debts D) legal but Star creditors can sue Al personally for the money they are still owed E) both A and B
The written agreement that sets forth issues between labor and management, such as wages, hours, grievance procedures, and benefits is called:
a. collective bargaining b. the union-management contract c. a labor union d. an injunction e. a jurisdiction
Which of the following project audit report questions addresses PMBOK's risk management knowledge area?
A) Are quality metrics developed, measured, and monitored? B) Are minutes of meetings stored and distributed? C) Is the project team being recognized and rewarded? D) Does the project plan consist of a contingency plan?
A Seattle entrepreneur must decide on the size of a latte stand to construct
The manager has narrowed the choice down to large or small. If he builds large and experiences low demand he could grin and bear it for a $200 daily profit, lower prices ($225 daily profit), or hire street performers to attract attention ($175 daily profit). If he builds small and experiences high demand he could do nothing ($175 profit per day), stay open longer hours (profit of $225/day), improve processes ($250/day profit), or raise prices ($200/day profit). Building large for high demand has an expected payoff of $250/day and building small for low demand has an expected payoff of $175/day. There is a 0.7 probability of high demand and 0.3 probability of low demand. Sketch a decision tree for this scenario and determine what size stand should be constructed to slake the unquenchable thirst of caffeine addicts. What will be an ideal response?