Suppose in #13 above, X provided for per stirpes distribution. How would the estate be distributed?
A)?A and B get 1/3 each and D and E get 1/6 each
B)?A, B, D, and E get 1/4
C)?A and B get 1/2
D)?None of the above
A
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Sales for January are budgeted at 50,000 units, and the company expects sales to increase 4% each month. How many units will need to be purchased in February if the company's policy is to keep ending inventory each month at 10,000 units?
A. 54,000 units B. 62,000 units C. 52,000 units D. None of the choices is correct.
The advantage of e-business transactions is:
a. the use of encryption which protects confidential and sensitive information from being stolen. b. that information about the transactions is captured in databases that can be analyzed in numerous ways. c. the absence of hard-copy documentation, the very essence of e-commerce. d. that they not only make fraud easier to commit, but also make it much easier to detect.
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What will be an ideal response?
Stock warrants outstanding should be classified as
a. liabilities. b. reductions of capital contributed in excess of par value. c. capital stock. d. additions to contributed capital.