Authorized shares that have not been sold by the corporation are known as ________.

A. treasury shares
B. unissued shares
C. outstanding shares
D. preferred shares


Answer: B

Business

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A truck that cost $24,000 and on which $18,000 of accumulated depreciation has been recorded was disposed of on January 1. Assume that the truck was disposed of for $4,000 cash. The entry to record this event would include

A) a debit to Cash. B) a debit to Accumulated Depreciation. C) a debit to Loss on Sale of Truck. D) all of these choices.

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What are the limitations of the payback period as a capital budgeting technique?

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Value is what you get for what you give.

Answer the following statement true (T) or false (F)

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A stock's standard deviation indicates how the stock affects the riskiness of a diversified portfolio. Therefore, the standard deviation is a better measure of a stock's relevant risk than its beta coefficient,which measures total, or stand-alone, risk.

Answer the following statement true (T) or false (F)

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