Which of the following statements is true with regard to contributed capital?

a. Preferred stock is stock that has been retired.
b. It is very unlikely corporations may have more than one class of stock outstanding.
c. The outstanding number of shares is the maximum number of shares that can be issued by a corporation.
d. The shares that are in the hands of the stockholders are said to be outstanding.


d

Business

You might also like to view...

When part of the amount of unearned revenue has been earned and the account adjusted accordingly, a revenue account must be adjusted by that partial amount

a. True b. False Indicate whether the statement is true or false

Business

A company that sees only the similarities between the domestic and the world market is said to have a(n) ________ orientation

A) regiocentric B) ethnocentric C) concentric D) polycentric

Business

____ is the process of negotiating and managing customer expectations.

A. Business relationship management B. Customer relationship management C. Service level management D. Contract management

Business

The line of best fit obtained by the least-squares method is called ______.

A. regression line B. linear line C. nonlinear line D. moving average line

Business