stock holders are not liable for a corporation's actions or debt true or false
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stock holders are not liable for a corporation's actions or debt true or false
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- True (t) or False (f) _____ Bond interest paid by a corporation is an expense, whereas dividends paid are not an expense of the corporationIn corporations the stockholders are equally liable for the debts of the firm. a. True b. FalseThe liability of stockholders is normally limited to their investments in the corporation true false
- 1. It refers to the capital of a corporation that cannot be withdrawn until final liquidation. 2. Those who compose the corporation whether shareholders or members or both. 3. This occurs when there is a change in the capital structure of the entity. 4. The residual interest of owners in the net assets of a corporation. 5. It is the earmarking of retained earnings for a certain purpose which may be legal, contractual or voluntary. choices:4) XYZ Corporation declares and distributes a cash dividend that is a result of current earnings. Under both the fair value and equity method, the receipt of these dividends will be recorded as dividend revenue by the investor. (True/False)5. Which of the following statements is FALSE? a. In the extreme case, the debt holders take legal ownership of the firm's assets through a process called bankruptcy. b. Equity holders expect to receive dividends and the firm is legally obligated to pay them. c. A firm that fails to make the required interest or principal payments on the debt is in default. d. After a firm defaults, debt holders are given certain rights to the assets of the firm.
- Which of the following is NOT an advantage of private debt over public debt? A) It is liquid. B) It need not be registered with the U.S. Securities and Exchange Commission. C) It has to have interest and principal payments made upon it. D) It does not dilute the ownership of a firm.1) Real assets of a corporation are claims on their financial assets. TRUE/FALSE 2) Managers, shareholders, and the firm's debtholders have identical information about the value of the firm. TRUE/FALSEWhich of the following is not primary reason why corporation invest in debt . Select one: a. they are required by law b. they wish to move into new market c. they have excess cash d. they wish to gain control of competitor
- 6 Fill in the blanks. In case of a corporation, equity is subordinate to liabilities so that, when a corporation is liquidated, liabilities must be fully settled before residual assets are distributed to shareholders. Therefore, liabilities and equity are NOT ( ) ( ). There should be two words to fill in the blanks. I appreciate it if you could suggest several possible answers (maximum 3), as well as your best answer.8. In the absence of evidence to the contrary, all the retained earnings of an entity can be declared as dividends. In order to limit or restrict the payment of dividends, a corporation makes appropriations of retained earnings. Appropriation for treasury shares is what type of retained earnings appropriation? a. Contractual appropriation b. Voluntary appropriation c. Legal appropriation d. Discretionary appropriationAn individual provides accounting services to a corporation in exchange for stock. the shareholder must recognize income and the corporation may deduct or capitalize the expenditure as would be deemed appropriate. A. True B. False
