All of the following business forms offer limited liability except the
A) partnership.
B) corporation.
C) S corporation.
D) limited liability company.
A) partnership.
One of the disadvantages of a partnership is the fact that the general partners have unlimited liability.
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The purchase of treasury stock qualifies as a financing activity, but it is not a cash flow
Indicate whether the statement is true or false
In November and December 2013 . Bee Company, a newly organized newspaper publisher, received $72,000 for 1,000 three-year subscriptions at $24 per year, starting with the January 2, 2014, issue of the newspaper. How much should Bee report in its 2013 income statement for subscription revenue?
a. $0 b. $12,000 c. $24,000 d. $72,000
Which of the following statements is CORRECT?
A. All else equal, an increase in a company's stock price will increase its marginal cost of reinvested earnings (not newly issued stock), rs. B. All else equal, an increase in a company's stock price will increase its marginal cost of new common equity, re. C. Since the money is readily available, the after-tax cost of reinvested earnings (not newly issued stock) is usually much lower than the after-tax cost of debt. D. If a company's tax rate increases but the YTM on its noncallable bonds remains the same, the after-tax cost of its debt will fall. E. When calculating the cost of preferred stock, a company needs to adjust for taxes, because preferred stock dividends are deductible by the paying corporation.
In International Brotherhood of Teamsters v. United States, the seniority system was established between:? A) employee and the union.? B) ?employer and the union
C) ?employee and the employer. D) ?both employer-employee and employee-union.