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 must have common stock.

Business

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Expenditures that increase operating efficiency or capacity for the remaining useful life of a fixed asset are calledcapital expenditures

a. True b. False Indicate whether the statement is true or false

Business

The insurance carrier used by Pinnacle Computer Systems specifies 65% coinsurance. The company recently incurred $420,000 in damages from flooding. The building was valued at $625,000, but was only insured for $320,000. What amount will be paid by the insurance company for the loss? (Round your answer to the nearest cent)

A. $626,000.00 B. $411,240.59 C. $330,830.77 D. $292,400.00

Business

Service markets are shaped by all of the following except ____________

a. government policies b. social changes c. global economic change d. business trends e. advances in information technology

Business

A retailer is concerned about such issues as tradeoffs between faster delivery times from suppliers and higher shipping costs and support from suppliers in storing merchandise. These issues concern _____

a. store security b. inventory management c. crisis management d. outsourcing

Business