Reference no: EM13969922
1. Explain each of the following terms that apply to corporations:
a. separate legal entity
b. limited stockholder liability
c. income tax liability
d. government regulation
2. At what level of government are corporations created?
3. What are organizational Expenses? Give a few examples.
4. There are two main sources of stockholders' equity. What are they?
5. What is retained earnings? Where do retained earnings come from. Is retained earnings the same thing as cash?
6. All corporations issue common stock. Name the four rights of the common stockholder.
7. Preferred stock has a fixed (unvarying) dividend. There are two ways that this dividend may be described; what are they?
8. What is cumulative preferred stock?
9. Johnson Corporation issues 1,000 shares of $10 par common stock and receives $15 per share. How would this transaction be recorded?
10. If common stock is issued at a premium, as in question 7, is the excess considered net income for the corporation? Explain.
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Critical infrastructure and vulnerabilities
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How does culture play role in your targeted health behavior
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Problem regarding the income statements
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Computing net cash flow investing activities
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At what level of government are corporations created
: 2. At what level of government are corporations created? 3. What are organizational Expenses? Give a few examples.
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Propose a crisis plan to the client to address the crisis
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Determine force p
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Amount of net cash used in financing activities
: Payment for the early retirement of long-term bonds payable (carrying amount $2,620,000) 2,650,000 Proceeds from the sale of treasury stock (on books at cost of $258,000) 300,000 The amount of net cash used in financing activities to appear in Sto..
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What power would be expected to operate the prototype pump
: A large pump delivering 1.2 m3 /s of water with a pressure rise of 400 kPa is needed for a particular hydroelectric power plant. A proposed design change is tested on a smaller 1:4 scale pump. Estimate the flow rate and pressure rise which would b..
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