题目内容

The distinguishing feature of a corporation is that()

A. their is no legal difference between the corporation and its owners
B. it is a legally defined, artificial being, separate from its owners
C. it spreads liability for its corporate obligations to all shareholders
D. provides limited liability only to small shareholders

查看答案
更多问题

Gross profit is calculated as()

A. Total sales – cost of sales – selling, general and administrative expenses – depreciation and amortization
B. Total sales – cost of sales – selling, general and administrative expenses
C. Total sales – cost of sales
D. None of the above

On the balance sheet, current maturities of long-term debt appears()

A. in the Stockholders’ Equity section
B. in the Operating Expenses section
C. in the Current Assets section
D. in the Current Liabilities section

Dustin’s Donuts experienced a decrease in the value of the trademark of a company it acquired two years ago. This reduction in value results in()

A. an impairment charge
B. depreciation expense
C. an operating expense
D. goodwill

Which of the following is NOT true about the Times()

A. Murdoch began to become famous through the purchase of The Times
B. When John Walter III controlled the paper, he built the reputation of The Times
C. The Times is the most popular newspaper in the U.K
D. It was the founder, John Walter, who changed the name to The Times

答案查题题库