All of the following are requirements to qualify as an S corporation with the exception of
A. the corporation must be a domestic corporation.
B. the corporation may issue only one class of stock (disregarding voting rights).
C. the corporation shareholders may consist of only individuals, estates, trusts, and partnerships.
D. the corporation may not have more than 100 shareholders.
Answer: C
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The current and quick ratios have two limitations. These ratios
a. emphasize the ineffectiveness of analysts' calculations, and focus on liquid assets at a point in time instead of a period of time. b. focus on cash instead of working capital, and they represent a point in time instead of covering a period of time. c. focus on working capital instead of cash, and they represent a point in time instead of covering a period of time. d. are ignored by most creditors, and focus on working capital instead of cash.
In ________, the firm bases its price largely on competitor's prices
A) going-rate pricing B) auction-type pricing C) markup pricing D) target-return pricing E) perceived-value pricing
A group member fulfilling the ______ role may use humor to smooth over tensions or disagreements among other members.
a. performer b. slacker c. information-giver d. harmonizer
A(n) _________________ data type is quite similar to the structure of a row in a database table.
Fill in the blank(s) with the appropriate word(s).