In a reverse stock split: Group of answer choices the firm buys back existing shares of stock on the open market. the number of shares outstanding increases and owners' equity decreases. shareholders make a cash payment to the firm. the firm sells new shares of stock on the open market. the number of shares outstanding decreases but owners' equity is unchanged.

Which of the following statements is correct? a) one drawback of forming a corporation is that it generally subjects the firm to additional regulationsb) one drawback of forming a corporation is that it subjects the firms investors to increased personal liabilitiesc) one drawback of forming a corporation is that it makes it more difficult for the firm to raise capitald) one advantage of forming a corporation is that it subjects the firm's investors to fewer taxese) one disadvantage of forming a corporation is that it is more difficult for the firm's investors to transfer their ownership interests

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

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