Under traditional common law rules, a partnership:
a. was always treated as a single legal entity
b. generally was not treated as a single legal entity c. had the same legal personality as a corporation d. was forbidden under the law
e. could only be formed with the consent of the state
b
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A company that is producing goods domestically and sells them outside the country is involved in
A. countertrading. B. outsourcing. C. importing. D. exporting. E. franchising.
Suppose Randy Jones plans to invest $1,000. He can earn an effective annual rate of 5% on Security A, while Security B has an effective annual rate of 12%. After 11 years, the compounded value of Security B should be somewhat less than twice the compounded value of Security A. (Ignore risk, and assume that compounding occurs annually.)
Answer the following statement true (T) or false (F)
Living and nonliving entities share some characteristics. Which statements are TRUE and which are FALSE about the living and nonliving components of an ecosystem?All living things and nonliving materials exhibit homeostatic controls.
Answer the following statement true (T) or false (F)
During its fiscal year, Deerborn Distributing had net income of $100,000 (no extraordinary items) and 50,000 shares of common stock and 10,000 shares of preferred stock outstanding. Deerborn declared and paid dividends of $.50 per share to common and $6.00 per share to preferred. The preferred stock is convertible into common stock on a share-for-share basis. For the year, Deerborn Distributing
should report diluted earnings (loss) per share of a. $(0.80). b. $1.00. c. $1.67. d. $2.67.