This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Benny-Duke Inc reported a net income of 7 million but paid no dividends to its shareholders. The ... (Read 30 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
on: Jul 14, 2018
Benny-Duke Inc reported a net income of 7 million but paid no dividends to its shareholders. The shareholders should sue the company for failure to provide a return on their equity investment.
 
 Indicate whether the statement is true or false

Question 2

If the owner of a sole proprietorship retires or dies, the owner's heirs may take over the business and either sell it or continue to operate it.
 
 Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LVPMS

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 14, 2018
Answer to Question 1

False

Answer to Question 2

True


DelorasTo

  • Member
  • Posts: 548
Reply 2 on: Jul 14, 2018
:D TYSM

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Shifts between Warm and Cold Periods during the Last 3 Million Years Shifts between Warm and Cold Periods during the Last 3 Million Years
The remarkably complete skull of a 3-year-old Australopithecus girl; the fossil is 3.3 million ... The remarkably complete skull of a 3-year-old Australopithecus girl; the fossil is 3.3 million ...
Determination of Income Inequality Determination of Income Inequality
How the Distribution of Education Affects the Distribution of Income How the Distribution of Education Affects the Distribution of Income
Nitin earns $48,000 per year. Determine his gross earnings for each pay period if he is paid ... Nitin earns $48,000 per year. Determine his gross earnings for each pay period if he is paid ...
Earth 340 Million Years Ago Earth 340 Million Years Ago
Video: Olfaction. or the sense of smell

For a complete list of videos, visit our video library