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Which information cannot be determined from the statement

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Reference no: EM132804059

Problem 1: An ordinary or preference shareholder is similar to this partner because he can lose no more than the value of the investment.

a. secret partner

b. Nominal partner

c. Limited partner

d. General partner

Problem 2: This is the right of the corporation to continue as a juridical entity for a period stated in the articles of incorporation despite the death of any shareholder.

a. Right of existence

b. Right of pre-emption

c. Right of succession

d. None of the above

Problem 3: Which of the following information cannot be determined from the statement of financial position?

a. Debt-to-equity ratio

b. Return on equity

c. Current ratio

d. Retained earnings

Reference no: EM132804059

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