In certain instances of fraud, a court may "pierce the corporate veil" to hold the shareholders individually liable
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following account classifications will not be found on a balance sheet?
a. Revenues b. Assets c. Owner's equity d. Liabilities e. All of the above
Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements is CORRECT? ABPrice$25 $40 Expected growth7% 9% Expected return10% 12% ?
A. The two stocks should have the same expected dividend. B. The two stocks could not be in equilibrium with the numbers given in the question. C. A's expected dividend is $0.50. D. B's expected dividend is $0.75. E. A's expected dividend is $0.75 and B's expected dividend is $1.20.
Corporations have a distinct advantage over other forms of business organization in the area of taxation
Indicate whether the statement is true or false
A sample mean of 4.56 ounces was just measured from a population of which the population mean is not known. What value should be used for the population mean?
A) 2.125 ounces B) none, since the population mean cannot be estimated C) 4.56 ounces D) the average of all the sample means