Flagler Corporation shows a total of $660,000 in its common stock account and $1,600,000 in its paid-in capital in excess of par value - common stock account. The par value of Flagler's common stock is $8. How many shares of Flagler stock have been issued?
A. 200,000
B. 82,500
C. 117,500
D. It cannot be determined
Answer: B
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RealPlan marketers have developed advertisements that show images of families spending quality time together enjoying fun activities
The implication of the ads is that the RealPlan product enables families to organize their busy schedules so well that more time is available for bonding. What are the RealPlan marketers most likely trying to do with these advertisements? A) Stimulate emotional buying motives. B) Examine rational buying motives. C) Appeal to working and single mothers. D) Engage common reference groups. E) Develop lifetime customer value.
If Megan intends to offer and believes she is offering for sale to Alexis her RL1500 space heater and Alexis reasonably believes Megan is offering her RL1900 heater and accepts on that belief, a contract has not been formed because there was no agreement as to the subject matter
a. True b. False Indicate whether the statement is true or false
Organizations that have the power to enact and enforce a tax levy are nongovernmental not-for-profits.
Answer the following statement true (T) or false (F)
In the current year, Donna gives $50,000 cash and $30,000 of stock to Mike. She also gives $40,000 of tax-exempt bonds to Angela. Her husband, Andy, gives $200,000 of land to Angela. Assume the couple elects gift splitting for the current year. Donna's taxable gifts total
A) $130,000. B) $148,000. C) $110,000. D) $60,000.