Which of the following isnt a legal restriction related to

Assignment Help Accounting Basics

Which of the following is not a legal restriction related to profit distributions by a corporation?

a. The amount distributed to owners must be in compliance with the state laws governing corporations.

b. The amount distributed in any one year can never exceed the net income reported for that year.

c. Profit distributions must be formally approved by the board of directors.

d. Dividends must be in full agreement with the capital stock contracts as to preferences and participation.

The stock was subsequently sold for 12000 the 8000 : porter corp. purchased its own par value stock on january 1 2010 for 20000 and debited the treasury stock account for

On july 1 2010 finley corporation reacquired 1000 shares of : in january 2010 finley corporation a newly formed company issued 10000 shares of its 10 par common stock for 15 per

Discuss what is meant by a letter of intent why do you : 1. discuss what is meant by a letter of intent. why do you think it may be important?2. discuss the evaluation

Explain why do some economists tend to reject the concept : why do some economists tend to reject the concept of need as the sole determinant of use in favor of the concept of the

Which of the following isnt a legal restriction related to : which of the following is not a legal restriction related to profit distributions by a corporation?a.the amount

Explain minimum of two ethical and two legal issues of : in november 2011 the us immigration and customs enforcement agency seized 150 web sites accused of selling counterfeit

If the price of medical care were set to zero for everyone : if the price of medical care were set to zero for everyone would individual demands for medical care still differ?

Describe an instance where you were involved in a situation : linking motivation and performance please respond to the following1.describe an instance where you were involved in a

When corporation issues its capital stock in payment for : when a corporation issues its capital stock in payment for services the least appropriate basis for recording the