The amount of the claim of preferred stockholders in liquidation ...

[go.lag]

The amount of the claim of preferred stockholders in liquidation is normally equal to the market value of the preferred stock.
 
  Indicate whether the statement is true or false

Question 2

The MACRS depreciation method requires use of the half-year convention. Assets are assumed to be acquired in the middle of the year and only one-half of the first year's depreciation is recovered in the first year.
 
  Indicate whether the statement is true or false

[harveenkau8139]

Answer to Question 1

FALSE

Answer to Question 2

TRUE

[go.lag]

Excellent

[31809pancho]

TYSM