The state charter allows a corporation to issue only a certain number of shares of each class of stock. This amount of stock is called

A) treasury stock
B) issued stock
C) outstanding stock
D) authorized stock


D

Business

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Given credit terms of 2/25, n/30 on a sale of $1,500, in how many days must the invoice be paid to take advantage of the discount?

a. 30 b. 15 c. 5 d. 25

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Ski Master Company pays weekly salaries of $18,000 on Friday for a five-day week ending on that day. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Wednesday

Business

What are the basic elements of strategic competition? Are there any prerequisites to pursuing strategic competition?

What will be an ideal response?

Business

To create constancy of purpose for improvement of product and service, and to break down barriers between staff areas are two of W. Edwards Demming’s fourteen points of quality that comprise his approach, the quality-based management known as:

a. TQC b. ISM c. ISO d. TQM

Business