Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sierra owns 1,500 shares out of the 10,000 outstanding shares of Comstock Corporation (Comstock). If Comstock declares a stock dividend of 30 percent, what will

image text in transcribedimage text in transcribedimage text in transcribed

Sierra owns 1,500 shares out of the 10,000 outstanding shares of Comstock Corporation (Comstock). If Comstock declares a stock dividend of 30 percent, what will be the total stock Sierra has upon receiving her stock dividend? A. 2,250 B. 5,400 C. 1,950 D. 4,500 A limited liability partnership (LLP) that wants to do business in states other than the state in which it was organized must register in the other states as which of the following? A. an LLC B. a foreign LLP C. a foreign LLC D. an at-will limited liability company (LLC) Which of the following refers to the purchase by a target corporation of its stock from an actual or perceived tender offeror at a premium? A. an appraisal B. a share exchange C. greenmail D. a white knight merger

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Payroll Accounting 2021

Authors: Bernard J. Bieg, Judith A. Toland

31st Edition

0357358287, 9780357358283

More Books

Students also viewed these Accounting questions

Question

How does selection differ from recruitment ?

Answered: 1 week ago