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Other Fields Homework Help Business Topic started by: stranahan on Nov 16, 2016



Title: Which of the statements below is FALSE?
Post by: stranahan on Nov 16, 2016
Which of the statements below is FALSE?
A) Common stock's ownership claim on the assets and cash flow of a company is often referred to as a residual claim.
B) Stock is a major financing source for public companies.
C) Shareholders elect the board of directors, which ultimately selects the management team that runs the day-to-day operations of the company.
D) The profits for common stock owners come before payment to employees, suppliers, government, and creditors.


Title: Re: Which of the statements below is FALSE?
Post by: grouseely on Nov 16, 2016
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Title: Re: Which of the statements below is FALSE?
Post by: stranahan on Jan 6, 2017
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.