rates are better than corporate tax rates.
3. The primary disadvantage of the corporate form is the double taxation to shareholders of distributed earnings and dividends. Some advantages include: limited liability, ease of transferability, ability to raise capital, unlimited life, and so forth.
4. The treasurer’s office and the controller’s office are the two primary organizational grou
rate. First, we got the call and put options on XOM stock with the maturity on July 20th, 2012. We collected the ask and bid price and set mid price of the them as market price. Second, we collected the risk-free rate 0.07% which is the 3-month US Treasury bond rate. To be more accurate we need 2-month US Treasury bond rate, but there is no 2-month US Treasury bond. Thus, rather than adjusting ra
for poorly performing businesses. On November 8, the company announced in a Securities and Exchange Commission (SEC) filing that it was restating its earnings since 1997 – reducing them by $586 million. On November 28, the major bond rating agencies downgraded Enron’s debt to below-investment-grade, or junk bond status. The company filed for Chapter 11 bankruptcy on December 2, 2001.