Question

30. “Double taxation" refers to the LR.S. first taxing a corporation's revenue and then its profits. 31. All else the same, the greater the frequency of compounding, the more the proceeds from a given investment amount. 32. If an owner of shares in a company sells some shares to a person who does not own any, it is a primary transaction 33. If an owner of shares in a company sells some shares to another existing owner, it is a secondary transaction 34. Analytical Associates (AA) is an investment company. Its mutual fund owns shares in Delta Airlines, Starbucks, Facebook and other stocks. When you invest in AA's mutual fund, you are purchasing shares in Delta Airlines, etc. in the stock market. 35. Toys-4-U corporation has $5 million in assets and $1 million in debt. The ratio of its debt to equity is.25.
True or false

Answer 1

30.False.Double taxation refers to taxing the same income twice in different countries

31.True

32.False as It is not clearly mentioned that shares are sold through an IPO.If it is sold through IPO(Intial Public offering),than it is a primary market transaction otherwise it an secondary market transaction.

33.True.as it is sold through stock market it is an secondary market transaction

35.True.Debt equity ratio = debt/equity=1/4=0.25:1

Equity =5-1=4 considered