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due Feb 27 This is a graded discussion: 20 points possible Corporations - Ethics Ethics Discussion Ethics - What should the building be valued at? Reed Hiller, the accountant for Snyder Corporation, is trying to decide how to record the company's most recent Issuance of stock. Jack Chavez, a majority stockholder, has contributed a building in exchange for common stock. Jack believes that the building should be valued at $4 million, his evaluation of the building's market value, Jack argues that by recording the asset at such a large amount the business will look more prosperous to investors. Reed is concerned that Jack is overvaluing the asset. What should Reed do? This is a graded discussion: 20 points possible due Feb 27 Corporations - Decision Making Decision Making Discussion In the past, Valley Mills Construction, Inc has always paid an annual cash dividend of $0.25 per share. This year, though the board wants to conserve cash for expansion. The board is considering not paying the cash dividend but is concerned that stockholders will be upset when the announcement to not pay dividend is made. What should the board do.? Decisions - Should a cash dividend be paid? . 1. What is a Corporation. a. What are the characteristics of a corporation b. Describe the different types/classes of stocks c. What is a owners equity, explain in what they are