The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 45,000 shares were originally issued and 5,000 were subsequently reacquired. What is the number of shares outstanding?
A) 5,000
B) 45,000
C) 40,000
D) 50,000
C
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?In case of positive inflation rates,
A. ?both borrowers and lenders of fund lose out. B. ??both borrowers and lenders of fund gain. C. ?lenders of funds gain, while borrowers lose out. D. ?borrowers of funds gain, while lenders lose out.
When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by
A) crediting the common stock account. B) debiting an additional paid-in capital account. C) crediting the retained earnings account. D) crediting an additional paid-in capital account.
______ is the moral doctrine that we should always act to produce the greatest possible balance of good over harm for everyone affected by our decision.
A. Utilitarianism B. Moral principle C. Cognitive morals D. Outcomes
Explain why control systems are necessary for strategy implementation.
What will be an ideal response?