An investor will purchase shares of companies in the development stage for:
A. current income only.
B. current income and capital gains.
C. capital gains only.
D. passive losses to offset other income.
C. capital gains only.
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We develop ______ by reflecting on and monitoring our own physical and digital presence.
A. self-concept B. self-awareness C. self-reliance D. self-satisfaction
To demonstrate strong support for their company, frontline employees or supervisors should always use "they" language when dealing with customers.
Answer the following statement true (T) or false (F)
In 2014, Climber Corporation issued for $110 per share, 18,000 shares of $100 par value convertible preferred stock. One share of preferred stock may be converted into three shares of Climber's $30 par value common stock at the option of the preferred shareholder. On December 31 . 2015, all of the preferred stock was converted into common stock. The market value of the common stock at the
conversion date was $40 per share. What amount should be credited to the common stock account on December 31 . 2015? a. $1,620,000 b. $1,800,000 c. $1,318,000 d. $1,960,000
Adjusting entries are
A) the same as correcting entries B) needed to bring accounts up to date and match revenue and expense C) optional under generally accepted accounting principles D) rarely needed in large companies