If a member of a limited liability company dissociates from the firm in violation of the operating agreement, the member can be held liable for any loss to the business resulting from the withdrawal.
Answer the following statement true (T) or false (F)
True
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The numerator of the rate earned on common stockholders' equity ratio is equal to
A) net income B) net income minus preferred dividends C) income plus interest expense D) income minus interest expense
In an EOQ model, as the carrying cost increases, the order quantity:
A) increases. B) decreases. C) remains the same. D) cannot be determined.
The four basic rights outlined in the consumer bill of rights include the right to safety, the right to be heard, the right to
A. inform, and the right to be chosen. B. consumer education, and the right to honesty. C. choose, and the right to be informed. D. redress, and the right to choose. E. honesty, and the right to redress.
The primary benefit of diversification is that it
A) is convenient. B) is cheap. C) reduces the exposure of your investments to adverse effects of any individual investment. D) increases stock volatility.