Benjamin, Inc. is a publicly traded corporation with 680 stockholders and $15 million in assets. Considering the company's size, Benjamin is not required to file quarterly and annual reports with the Securities and Exchange Commission.

Question

Quizplus · Accepted Answer

Publicly traded corporations with 500 or more stockholders and $10 million or more in assets are required to file quarterly and annual reports with the Securities and Exchange Commission. Therefore, Benjamin, Inc. is required to file these reports.