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If a shareholder works for the business then he:
a. will become a creditor of the corporation and will enjoy the same rights of recovery against the corporation as any other creditor
b. will not officially become a creditor of the corporation, but will enjoy the same rights of recovery against the corporation as any other creditor
c. will be removed from the corporation
d. will be forced to sell his shares in the company
e. will become a creditor of the corporation, but will not enjoy the same rights of recovery against the corporation as any other creditor
Kenny Willis and his neighbours, Rick and Joyce Taylor, were good friends. Rick helped Kenny repair his truck and Kenny cut the Taylors’s yard because they did not own a lawnmower. Does a principal-agent relationship exist among the parties?
Calculate with explanation the unit costs of the souvenirs. You should state your assumption and determine the price of the souvenirs and explain any other information that might be relevant for deciding the price
question 1the approach known as new public management npm has been seen by many as the new paradigm that is replacing
Instruction as how you solve with a financial calculator is preferred. A business borrows $325,914 for 8 years at an annual rate of interest of 6.1%. If payments are annual and the loan will negatively amortize by $30,539, what will be the annual pay..
A project will cost $4,819,724 and its expected to earn zero after one year, but $3,009,913 at the end of the second year, and $2,779, 333 at the end of the third year. and they generally want a return of 15% per year. Corporate tax rate is at 37%. I..
A project's expected return is 15%, which represents a 35% return in a booming economy and a 5% return in a stagnant economy. What is the probability of a booming economy occurring if these are the only two economic states?
assignment amazon.com business combinations and financial results analysis1.examine how at least three 3 growth
Write a 700- to 1,050-word paper in which you explain roles of limited liability corporations, limited liability partnerships. If you were establishing your own business, under what circumstances would you choose one instead of the other?
Determine the number of units of product K to be manufactured in May and compute the May cash outlay for purchases of raw material A.
A bill is mailed to a client for services rendered. it will be paid in the following accounting period. Which of the following would be true as a result of mailing the bill to the client?
Great Pumpkin Farms just paid a dividend of $3.10 on its stock. The growth rate in dividends is expected to be a constant 6 percent per year indefinitely. Investors require a return of 13 percent for the first three years, a return of 11 percent for ..
A company and a bank sign an agreement where the bank agrees to provide loans when the company requires them. This agreement is called a line of credit. What characteristics of the agreement and the bank will cause the company to change its payment l..
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