Shareholders of a corporation are creditors of the corporation

a. true
b. false

Ans: b. false

Business

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What is the future value (FV) of $50,000 in thirty years, assuming the interest rate is 12% per year?

A) $32,500.00 B) $1,273,296.69 C) $1,348,196.50 D) $1,497,996.11

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Companies that attempt to achieve zero defects in the manufacturing process treat spoilage as ________

A) scrap B) reworked units C) abnormal spoilage D) indirect spoilage

Business