Under the corporate form of business organization, a. stockholders wishing to sell their shares must get the approval of other stockholders. b. stockholders' acts can bind the corporation even though the stockholders have not been appointed as agents of the corporation. c. a stockholder is personally liable for the debts of the corporation. d. stockholders wishing to sell their shares need not get the approval of other stockholders, thus making it easy to transfer ownership rights.

Unrecorded depreciation on the trucks at the end of the year is $40,000. the total amount of accrued interest expense at year-end is $6,000. the cost of unused office supplies still available at year-end is $2,000. 1. use the above information about the company’s adjustments to complete a 10-column work sheet. 2a. prepare the year-end closing entries for dylan delivery company as of december 31, 2017. 2b. determine the capital amount to be reported on the december 31, 2017 balance sheet.

You own 2,200 shares of deltona hardware. the company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. your required rate of return on this security is 16 percent. ignoring taxes, what is the value of one share of this stock to you today?

Because the demand for wheat tends to be inelastic. true or false