A New Corporation Forms Every Time There Is a Change

question 83

True/False

A new corporation forms every time there is a change in ownership in the shares of common stock.

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Definitions:

Cash Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits in the form of cash.

Net Cash

The difference between a company's total cash inflows and outflows within a period.

Cash Dividends

Payments made by a corporation to its shareholders from its profits.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain capital assets.