Which of the following statements is TRUE?
A) Only a natural person can be petitioned into bankruptcy.
B) Only a corporation can declare bankruptcy
C) Only a business can declare bankruptcy
D) A natural person can start his own proceedings to declare bankruptcy
E) Both B and C
D
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The following information has been obtained from the Mastic Corporation: 550,000 shares of common stock were outstanding on January 1, 2018. Bonds convertible into 50,000 shares of common stock were issued on July 1, 2018; the bonds have been determined to be dilutive. 36,000 shares of common stock were issued on November 1, 2018. 24,000 shares of common stock were purchased on December 1, 2018. What is the weighted average number of shares to be used in the calculation of diluted earnings per share for 2018?
A. 587,000 B. 604,000 C. 612,000 D. 579,000
Accrued interest receivable is a(n)
a. revenue account; b. liability account; c. asset account; d. revenue account; e. expense.
Which type of person sees nature as a point of spiritual health. They are inspired by nature and in tune with it?
A. personalists B. communalists C. environmentalists D. religionists
Planning for an expatriate's return should begin while he or she is still on his or her overseas assignment.
Answer the following statement true (T) or false (F)