The price of a company's stock on the New York Stock Exchange depends on investors' views of its future dividend paying capacity. 1) Mostly Yes. 2) Mostly No. 3) About equally yes and no. Question 10 (2 points) The accounting records reflect the economic activity of the corporation. A key assumption in accounting is that the corporate entity is separate from its owners, in terms of legal liability and other matters. This is called the economic entity assumption. Hypothetically, picture an invoice that says "legal consultation services". Let's say th this consultation was related to the dissolution of marriage (divorce) of the corporation's sole stockholder. If that invoice is paid by the corporation and shown as "legal expenses" has the economic entity assumption been violated? 1) No, because the corporation is owned by just one individual stockholder. 2) Yes