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 74 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
YES! Correct, THANKS for helping me on my review

elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

The basalt below the hominins is dated to 1.8 million years ago, and the geomagnetic polarity of the The basalt below the hominins is dated to 1.8 million years ago, and the geomagnetic polarity of the
Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
On November 11, 1887, four anarchists were hanged in Chicago on charges that they had thrown a bomb On November 11, 1887, four anarchists were hanged in Chicago on charges that they had thrown a bomb
How the Return to Education Affects the Distribution of Income How the Return to Education Affects the Distribution of Income
U.S. Patents and Patents per Million Residents, 2010 U.S. Patents and Patents per Million Residents, 2010
Earth 200 Million Years Ago Earth 200 Million Years Ago
Video: Structures that affect circulation - kidneys, blood volume and venous tone

For a complete list of videos, visit our video library