If a shareholder dissents to a proposed business combination, he is entitled to receive the fair value of his shares. In order to do so, the shareholder must do which of the following?
A) Attack the validity of the corporate action that gives rise to his right to obtain payment or to have the action rescinded
B) Obtain an appraisal of the value of the shares
C) Oppose the proposed corporate action verbally at a special meeting of the stockholders
D) Make a written demand upon the corporation within the set time period
D
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The format of a ________ changes depending on the nature of the assignment, audience, and number of issues
Fill in the blanks with correct word
McCarthy Company has inventory of 8 units at a cost of $200 each on October 1. On October 2, it purchased 20 units at $205 each. 11 units are sold on October 4. Using the perpetual FIFO inventory method, what amount will be reported as cost of goods sold for the 11 units that were sold?
A. $2,200. B. $2,228. C. $2,215. D. $2,255. E. $2,239.
The external market price transfer-pricing method can lead to dysfunctional decision-making behavior by managers.
Answer the following statement true (T) or false (F)
The steps in effective financial planning are
A. establishing organizational goals and objectives, identifying expenses, and budgeting. B. establishing organizational goals and objectives, budgeting for financial needs, and identifying sources of financing. C. developing a plan of action, monitoring the plan, and evaluating. D. identifying sources of financing, budgeting, and evaluating. E. None of these answers are correct.