With regard to a corporation's stock, par value is

a. the current market price of the stock.
b. an arbitrary amount that exists to fulfill legal requirements.
c. the amount at which the stock has been repurchased.
d. the amount at which treasury stock can be sold.


b

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U.S. standards do not require a classified balance sheet, but International accounting standards require companies to present classified balance sheets with liabilities classified as either current or long term

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

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______ are the specific steps the team must perform to achieve its goals.

A. Systems B. Interdependence C. Tasks D. Resources

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Scotland Corporation had net income for 2018 of $80,000. Scotland had 13,000 shares of common stock outstanding at the beginning of the year and 24,000 shares of common stock outstanding at the end of the year. There were 12,000 shares of preferred stock outstanding all year. During 2018, Scotland declared and paid preferred dividends of $21,000. What is Scotland's earnings per share? (Round the answer to two decimal places.)

A) $3.33 B) $3.19 C) $4.32 D) $2.46

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

The type of reward that has received more attention in literature and the workplace are natural rewards.

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