Friday
November 21, 2014

Homework Help: finance 2 questions

Posted by Jason on Friday, July 25, 2008 at 9:31am.

9. When Patricia sells her General Motors common stock at the same time that Brian purchases the same amount of General Motor's stock, General Motors receives:

A. The spread between the bid and ask of the transaction
B. The dollar amount of the transaction, less brokerage fees
C. Only the par value of the common stock
D. ANSWER Nothing

I think General Motors gets nothing because no new stock was created/issued and the stock was sold and bought for the same price.

11. With a Subchapter S corporation

A. ANSWER Corporate income is taxed as direct income to stockholders
B. Stockholders have the same liability as members of a partnership
C. The number of stockholders is unlimited
D. Life of the corporation is limited


an S corporation is similiar to a C corporation except for the double taxation and public/private .....and S corporation has less then 75 stockholders. The S corporation is taxed once on individual income tax....C corporation is taxed twice....once as a corporation and again on individual income tax

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

math - 3 points Save When Patricia sells her General Motors common stock at the ...
finance (General Motors Stock) - When Patricia sells her GM common stock at the ...
finance - 1. The belief that investors require a higher return to entice them ...
Business - General Motors is currently negotiating with the Obama Administration...
FINANCIAL ACCOUNTING - a) Discuss General Motors in the context of the forces ...
finance 200 - Complete the following problems (Do Not repeat the questions): 1...
FINANCE - General Cereal common stock dividends was $0.79 in 2000 and the last ...
personal finance - Jo owns 150 shares of Delta General stock. She purchased the ...
Personal Finance - Jo Bower owns 150 shares of Data General stock. She purchased...
pstat.................HELP........................ - Electric motors coming off ...

Search
Members