Briefly discuss the the major restrictions placed on an "S" corporation
An "S" Corporation faces some major restrictions. they are:
• There can be only one class of stock.
• There can be no more than 100 shareholders.
• Shareholders must be individuals, estates, charities, pension funds, or trusts, not partnerships or corporations.
• Shareholders must be citizens or residents of the United States, not nonresident aliens.
• All shareholders must agree that the company should be an S corporation.
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Treasury stock shares are
a. shares held by the U.S. Treasury Department b. part of the total outstanding shares but not part of the total issued shares of a corporation c. unissued shares that are held by the treasurer of the corporation d. issued shares that have been reacquired by a corporation
For which of the following is the current ratio most useful?
a. In evaluating a company's liquidity b. In evaluating a company's solvency c. In evaluating a company's profitability d. In evaluating a company's probability
Ethical issues that arise during the data preparation and analysis step of marketing research process pertain mainly to the researcher
Indicate whether the statement is true or false
While individuals recognize that a foreign assignment may not have a positive effect on their career, they accept it because they view the experience as ______.
A. positive for their personal and professional development B. a way to make money C. being a team player D. necessary for their next promotion