The Revised Act permits the board of directors to adopt certain amendments without shareholder action. These amendments would include:
A) extending the duration of the corporation if it was incorporated when limited duration was required by law.
B) changing each issued and unissued authorized share of an outstanding class into a greater number of whole shares if the corporation has only one class of shares.
C) making minor name changes.
D) All of these.
D
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The residual income_____________________________ valuation model uses __________________ and the book value of common shareholders' equity as the basis for valuation
Fill in the blank(s) with correct word
What are the three categories of important skills that are necessary for a salesperson's success?
What will be an ideal response?
All of the following are unique characteristics of microfinance loans except
a. No collateral is needed b. Loans are usually repaid between 6 months and a year c. Only a maximum of 10% ownership equity is required in exchange for the loan d. When the loan has been repaid, the money is then “recycled” as loans to other entrepreneurs in the village
Return on net worth equals return on assets times financial leverage
Indicate whether the statement is true or false