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Ch09 - Chapter 9 Stockholders Equity Short Exercises(5 min...

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Chapter 9 Stockholders’ Equity Short Exercises (5 min.) S 9-1 Corporation’s advantages: Continuous life and transferability of ownership Limited liability of the stockholders Corporation’s disadvantages: Corporate taxation Government regulation (5 min.) S 9-2 1. The stockholders hold ultimate power in a corporation. 2. The chairperson of the board of directors is usually the most powerful person in a corporation. Title is CEO. 3. The president is in charge of day-to-day operations. Title is COO. 4. The chief financial officer is in charge of accounting and finance. Title is CFO. Chapter 9 Stockholders’ Equity 563
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