Business, 06.10.2019 08:30 willveloz4
Outstanding shares from one of its shareholders. the corporation and the shareholder agreed that the corporation would purchase all of the shareholder’s stock at a price of $500,000, payable $100,000 immediately in cash and the balance in four consecutive annual installments. the state’s incorporation statute provides, "a corporation may purchase its own shares only out of earned surplus but the corporation may make no purchase of shares when it is insolvent or when such purchase would make it insolvent." at the time of the repurchase of the shares, the corporation had an earned surplus of $250,000. a. what are the arguments that the repurchase of shares satisfied the incorporation statute? b. what are the arguments that the repurchase of the shares did not satisfy the incorporation statute? c. which argument should prevail?
Answers: 3
Business, 22.06.2019 05:50
Match the steps for conducting an informational interview with the tasks in each step.
Answers: 1
Business, 22.06.2019 11:40
Select the correct answer. which is a benefit of planning for your future career? a.being less prepared after high school. b.having higher tuition in college. c.earning college credits in high school. d.ruining your chances of having a successful career.
Answers: 2
Business, 22.06.2019 18:30
You should typically prepare at least questions for the people who will host you during a job shadow. a. 3 b. 4 c. 5 d. 2
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Business, 22.06.2019 23:30
An outside supplier has offered to sell talbot similar wheels for $1.25 per wheel. if the wheels are purchased from the outside supplier, $15,000 of annual fixed overhead could be avoided and the facilities now being used could be rented to another company for $45,000 per year. direct labor is a variable cost. if talbot chooses to buy the wheel from the outside supplier, then annual net operating income would:
Answers: 1
Outstanding shares from one of its shareholders. the corporation and the shareholder agreed that the...
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