A corporation is a voluntary agreement under which two people act as co-owners of a business for profit.

a. True

b. False

Data concerning Wislocki Corporation's single product appear below:Per Unit Percent of SalesSelling price $ 160 100 %Variable expenses 40 25 %Contribution margin $ 120 75 %Fixed expenses are $1,036,000 per month.

When companies reward employees who report valid claims of corporate unethical conduct, what are they clearly encouraging?

Eight years ago, Bravo Company purchased land for $170, 000. The current fair market value of the land is $421,000. The rate of general inflation experienced during the 8-year period has averaged 10% per year.

If a firm sold $700 worth of goods that cost $800 to produce:

Constant Dividend Growth Valuation Boehm Incorporated is expected to pay a $3.00 per share dividend at the end of this year (i. e., D1 = $3.00). The dividend is expected to grow at a constant rate of 4% a year.

The total of all outputs produced by the transformation process divided by the total of the inputs is: A. utilization. B. defined only for manufacturing firms. C. multifactor productivity. D. greater in manufacturing than in services. E.

Ai Lun, a management trainee at a large New Yorkdashbased bank, is trying to estimate the real rate of return expected by investors.

The government does which of the following in a planed economy

The least amount that the buyers of stock must contribute to the corporation or be at risk to pay creditors at a future date is called the: Multiple Choice 1. Working capital. 2. Minimum legal capital. 3. Par value of preferred. 4. Stated value.

Cow's Milk Farms needs a certain part for its pasteurizing equipment and enters into a contract to purchase the part from Dairy Supplies Inc., for $3000, with delivery promised on Monday.