Solved Howe and DuleysConnect httpsnewcorrect Chapters 10 t

Solved Howe and Duley\'s&Connect; ? https://newcorrect Chapters 10 to 14 Homework Project 4 Due Jun Help Save & Exit organization? (You may select more than one answer, Single Of the following statements, which are true for the corporate click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) Drectors overace ita business effeirs 3.18 ?Stockholders do not hove the power to bid re corpora lon to eoneem Transfer of ownership rights among owners generelly does not impact equity ? Compared to oner forms of organization-capital marenga mere aneut to ecundare U Generally there is no double tasetion on cerporabe ncoe h is distributed to owners d» is nt?seperate legal entity from owners. Esc 0- Lock 7

Solution

16)
Book Value per share indicates book worth (excess of assets over liabilities) allocated to each share. Can be computed as:
Total Stockholder\'s Equity / Number of Common Shares Outstanding = Book Value Per Share
2100000/200000 = $ 10.50

10)
Stock Dividend is capitalization of retained profit - thus CORRECT - Stock dividend will increase the number of outstanding shares
CORRECT - Stock Dividend commonly indicates management confidence that the company is doing well.
If Cash dividend are not provided its value are generally reflected by higher stock price, thus - CORRECT - Cash dividend is usualy a mechanism to keep the market price of stock affordable
CORRECT - Stock Dividend are sometime referred as Capitalization of retained earnings

9)
CORRECT - Board of directors manage the operations
CORRECT - Shareholders have a power to decide who represents BOD but contracts are binding on corporation if made through BOD
CORRECT - It has continous life
CORRECT - Transfer of shares are transaction among two individual or groups, it will not impact corporation equity
CORRECT - It might require issue of shares in market which have hgh regulations
INCORRECT - Double taxation might be there as there are taxes on income of corporation and when these are distributed to shareholders there might be taxes on dividend
INCORRECT - Companies are seperate legal entity