Which of the following statements is correct? a. a hostile takeover is a primary method of transferring ownership interest in a corporation. b. the corporation is a legal entity created by the state and is a direct extension of the legal status of itsowners and managers, that is, the owners and managers are the corporation. c. unlimited liability and limited life are two key advantages of the corporate form over other forms ofbusiness organization. d. in part, due to limited liability and ease of ownership transfer, corporations have less trouble raisingmoney in financial markets than other organizational forms. e. although stockholders of the corporation are insulated by limited legal liability, the legal status of thecorporation does not protect the firm's managers in the same way.

A. determine the amount of retained earnings as of january 1, 2018. b. after looking at the amount of retained earnings, the chief executive officer (ceo) wants to pay a $1,000 cash dividend to the stockholders. can the company pay this dividend? c. as of january 1, 2018, what percentage of the assets were acquired from creditors? d. as of january 1, 2018, what percentage of the assets were acquired from investors? e. as of january 1, 2018, what percentage of the assets were acquired from retained earnings? f. create an accounting equation using percentages instead of dollar amounts on the right side of the equation. g. during 2018, carter company earned cash revenue of $1,800, paid cash expenses of $1,200, and paid a cash dividend of $500. (hint: it is to record these events under an accounting equation before preparing the statements.) g-1. prepare an income statement dated december 31, 2018. g-2. prepare a statement of changes in stockholders’ equity dated december 31, 2018. g-3. prepare a balance sheet dated december 31, 2018. g-4. prepare a statement of cash flows dated december 31, 2018. j. what is the balance in the revenue account on january 1, 2019?