The University of Texas and Texas a & M University

question 19

True/False

The University of Texas and Texas A & M University systems get large sums of money for their endowments from oil and gas royalties.

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Definitions:

Corporate Assets

The resources and holdings owned by a corporation, including cash, property, and intellectual property, that contribute to its overall value.

Shareholders

Individuals or entities that own shares in a corporation, representing a portion of the company's ownership.

Looting

In corporation law, the transfer of a corporation’s assets to its managers or controlling shareholders at less than fair value.

Debt-To-Equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.