Author Question: Ultimate ________ of a firm depends on who owns the major portion of the common shares and thus ... (Read 81 times)

viki

  • Hero Member
  • *****
  • Posts: 525
Ultimate ________ of a firm depends on who owns the major portion of the common shares and thus controls the direction of the firm through voting power.
 
  A) managerial control
  B) creditor control
  C) shareholder control
  D) government control

Question 2

Use the following information to calculate the change in the company's cash balance for the year.
 
  Credit Sales 800,000
  Cash Sales 500,000
  Operating Expenses on Credit 200,000
  Cash Operating Expenses 700,000
  Accounts Receivable (Beg. of Year) 50,000
  Accounts Receivable (End of Year) 80,000
  Accounts Payable (Beg. of Year) 50,000
  Accounts Payable (End of Year) 100,000
  Income Taxes Paid 160,000
  A) 365,000 B) 180,000 C) 145,000 D) 260,000


gabrielle_lawrence

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

C
Explanation: A)

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library