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Author Question: Benny-Duke Inc reported a net income of 7 million but paid no dividends to its shareholders. The ... (Read 75 times)

DelorasTo

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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


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LVPMS

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Reply #1 on: Jul 14, 2018
Answer to Question 1

False

Answer to Question 2

True


DelorasTo

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Reply 2 on: Jul 14, 2018
Thanks for the timely response, appreciate it

sailorcrescent

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Reply 3 on: Yesterday
Wow, this really help

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