Business, 13.12.2019 21:31, jrfranckowiak
Indicate whether each of the following statements is true (t) or false (f). item t or f statement
a. the receipt of cash from stockholders as well as any payments to stockholders (ex. for dividends) are examples of investing activities.
b. corporations are responsible for paying their own income taxes.
c. the total amount stockholders have invested in a company is known as total paid-in capital.
d. the total paid-in capital amount includes retained earnings.
e. double taxation is a disadvantage of the c-corporation form of business.
f. the first time a corporation issues stock to the public is called an initial public offering.
g. only individuals may qualify as stockholders.
h. all public and private corporations are regulated by the securities and exchange commission (sec).
i. a corporation is required to pay yearly dividends to its stockholders.
j. stockholders can be held personally liable for debts the corporation incurs but is unable to pay back.
Answers: 1
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Indicate whether each of the following statements is true (t) or false (f). item t or f statement
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