Montana Company was authorized to issue 200,000 shares of common stock. The company had issued 50,000 shares of stock when it purchased 10,000 shares of treasury stock. The number of outstanding shares of common stock was:
A. 190,000.
B. 60,000.
C. 50,000.
D. 40,000.
Answer: D
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Identify a true statement about upgrading during the expansion phase of a sales relationship.
A. To upgrade a customer, the salesperson must show that the initial purchase was not exactly what the customer needed. B. The objective of upgrading is to expand the seller's business by selling to the customer in bulk quantities. C. During the expansion phase of a relationship, salespeople dealing with less educated consumers should lend themselves to overselling. D. During a modified rebuy in the expansion phase, the salesperson should emphasize that the initial decision was a good one. E. During a modified rebuy, the salesperson should take advantage of the relationship with the customer to maximize sales.
Which statement is not true about the research design section of the marketing research report?
A) The topics should be presented in a non-technical, easy to understand manner. B) The technical detail should be included in an appendix. C) A description of the theoretical foundations that guided the research should be included. D) This section of the report should justify the specific methods selected.
Which of the following statements is FALSE?
A) most banks will refuse to honour a cheque four months after its date B) an endorsement occurs when a payee signs a cheque over to another party C) it is very difficult to get a bank to stop payment on a certified cheque D) a bank can be liable if it refuses to honour a certified cheque E) a cheque can be signed and dated for payment in the future
Which of the following describes a situation in which linear programming models result ininfeasible solutions?
a. The model has many restrictions, and the constraints do not have a common feasible region. b. The model has unrealistic goals, and the objective function cannot be maximized. c. The model has unrealistic goals, and the objective function cannot be minimized. d. All of the above