At the beginning of the year, Vendors, Incorporated, had own…

At the beginning of the year, Vendors, Incorporated, had owners’ equity of $48,485. During the year, net income was $4,925 and the company paid dividends of $3,585. The company also repurchased $7,335 in equity. What was the cash flow to stockholders for the year?

Which of the following are disadvantages of the corporate fo…

Which of the following are disadvantages of the corporate form? I. Limited liability for ownersII. Separation of ownership and management can create agency problemsIII. Corporate earnings may be taxed twice (corporate income and shareholder dividends)IV. Easier to raise capital

A senator is told repeatedly by her constituents that they a…

A senator is told repeatedly by her constituents that they are opposed to the environmental bill under consideration by the Congress, which would reduce CO2 emissions but also might cost jobs. The senator favors the bill but decides to vote with her constituents and against the bill. The senator is acting as