a. dividends
b. retained earnings.
c. paid in capital
all of the above
some advantages of a corporation are
a. unlimited liability to owners and no mutual agency
b. unlimited life and government regulation
c. ease of rasing capital and limited lianility to owners
d. taxation of earning and unlimited life
if a new partner is admitted to the partnership
a. the existing partners have to agree
b. the old partnership is dissolved
c. the existing partners do not have to agree
d. both a and b
in the absence of an agreement between partners, profits and losses are shared:
a. 25% to all partners, no matter how many partners there are
b. equally amongst all partners
c. 10% and 90% if only two partners
d. none of the above
a. dividends b. retained earnings. c. paid in capital all of the above some advantages of a corporation are a. unlimited
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