1. The company’s inventory lises 2000 items.
2. For a business net income is usually specified as to whether it is before income taxes or after income taxes.
3. If any employees ,suppliers,and creditors go unpaid,the stockholder ger nothing..
4. We hope our new product range will increase our market share.
5. Selling something at a loss in order to pay debts is called distress selling.
6. A bankruptcy petition may be filed either by the debtor or by their creditors requesting a receiving order.
7. The government has offered to trade off a reduction in taxes for a period without wage demands.
8. All the creditor to whom the bankrupt company owes money will have a meeting to decide how to obtain the money owed.
9.Our goal is to maximize the profit in order t make the value of the existing stock as large as possible.
10.Such a company is called investment company whose shares can be boughr on the Stock Exchange,and whose business is to make money by buying and selling stocks and shares .
11.An evaluator is an independent ecpert who evalnates the value of property ,the fee for which is sometimes a flat amount, sometimes a percernage of the appraised value.
12.The execution of a scheme or plan involves the expenditure of much time and money.
13.Mr.Smith’s will directed that,aftwe the payment of all debts,and$10000 to his brother , the residual property should go to his son.
14.Shareholders’ equity is the amount of a company’s capital which is owed by shareholders.
15.National,state and local governments have many laws that attempt to prevwent unetical competition.
16.Financial managers need to learn how to identify those investments and financing arrangements that favorably inpact the value of the stock.