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Which is not a right of an ordinary shareholder

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Reference no: EM132804055

Problem 1: Which of the following are changed when a corporation buys equipment for cash?

a. Total Liabilities

b. Current Assets

c. Shareholders' Equity

d. Total Assets

Problem 2: Authorized shares are the

a. number of shares the corporation has repurchased.

b. number of shares that are owned by shareholders at the balance sheet date.

c. number of shares that have been distributed to shareholders.

d. total number of shares that can be issued by the corporation at any time.

Problem 3: Which of these is not a right of an ordinary shareholder?

a. Receive information about the corporation

b. Attend the annual shareholders' meeting

c. Receive part of the profit before other classes of shares

d. Share in profits

Reference no: EM132804055

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