The assets and liabilities of a

corporation are separate from its

owners.

O True

O False

Exercise 13-2 Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 10,000 shares of its common stock for $40,800 cash on February 20.

Yukon Co. acquired 75% percent of the voting common stock of Ontario Corp. on January 1, 2018. During the year, Yukon made sales of inventory to Ontario. The inventory cost Yukon $260,000 and was sold to Ontario for $390,000.

A firm has net working capital of $1,770. long-term debt is $4,180, total assets are $11,830, and fixed assets are $3,910. what is the amount of the total liabilities?

This year Digby achieved an ROE of 21.4%. Suppose next year the profit margin (Net Income/Sales) decreases.

Which of the following strategies makes a profit when the stock price declines and loses money when the stock price increases? (hint：draw graphs and combine them) A. Long call and short put B. Long call and long put C. Short call and short put D.

In his work with companies, henry gantt found that workers achieved their best performance levels if they were trained first. true false

Crane Machine Works produces soft serve ice cream freezers. The freezers sell for $17,000, and variable costs total $12,100 per unit. Crane incurs $25,860,000 in fixed costs during the year. The company's tax rate is 28%.

A corporation must have a registered agent within the state of incorporation only if the corporation maintains an office in that state. True or False

Tax incidence is A. the potential division of the burden of a tax between buyers and sellers in a market. B. the actual division of the burden of a tax between buyers and government in a market. C.

In which of the following scenarios is the speaker acting advantageously? a. Luis sits casually on a table while presenting. b. Nelson stands close to the audience to establish eye contact with them. c.