Will the number of shares of stock issued and the number of shares of stock outstanding always be the same? Why or why not?
What will be an ideal response?
No. The number of shares of stock outstanding will be less than the number issued if a corporation has purchased its own stock as treasury stock.
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During the year, Ollie's Outdoor Outfitters issued 20,000 shares of common stock in exchange for a prime piece of land. Two employees of the accounting department, Audrey and Neil, disagree as to the appearance of this particular transaction on the
statement of cash flows. Audrey believes it to be a significant noncash transaction, and it therefore should be presented as such at the bottom of the statement. Neil contends that because this transaction did not cause any cash to flow in or out of the company, it has no place on the statement of cash flows. Who is correct and why?
An entrepreneurial mindset can be described as:
a. the ability to avoid failure and mistakes b. the ability to take action in stable, low-risk environments c. the ability to develop high-tech solutions in emerging markets d. the ability to quickly take action and get organized under uncertain conditions
The race among rivals for industry leadership is more likely to be a marathon rather than a sprint when
A. new industry or market segments are yet to be developed and create altogether new consumer demand. B. entry barriers are high, substitute products or services are readily available, and buyers are prone to negotiate aggressively for better terms and lower prices. C. there are nearly always big advantages to being a slow mover rather than an early mover, especially in regard to avoiding the "mistakes" of first or early movers. D. the market depends on the development of complementary products or services that are currently not available, buyers have high switching costs, and influential rivals are in position to derail the efforts of a first mover. E. fast followers find it easy to leapfrog the pioneer with even better next-generation products of their own.
?The marketing concept is
A. ?a management philosophy. B. ?synonymous with exchange. C. ?a component of the marketing mix. D. ?a function of the marketing environment. E. ?focused solely on satisfying customer objectives.