List three characteristics of a corporation.
Answer to relevant QuestionsWhat are the four basic rights of stockholders? What is the price/ earnings ratio, and how is it calculated?Gibson Corporation issued 8,000 shares of $ 2 stated value common stock for $ 10 per share on July 7. Record the stock issuance.McDonald, Inc. had beginning retained earnings of $ 110,000 on January 1, 2014. During the year, McDonald declared and paid $ 80,000 of cash dividends and earned $ 60,000 of net income. Prepare a statement of retained ...The charter of Evergreen Capital Corporation authorizes the issuance of 900 shares of preferred stock and 1,250 shares of common stock. During a two-month period, Evergreen completed these stock- issuance transactions: Mar. ...
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