When preparing the Statement of Owner's Equity the beginning balance should be followed by ____ to arrive at the ending balance of owner's equity
A) investments plus net income (loss)
B) investments less withdrawals
C) net income (loss) less withdrawals
D) investments plus net income (loss) less withdrawals
D
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Acme Corp. made a public offering of its shares. Stein bought 100 shares at $10 each. Three months later, Acme announced that it planned to merge with another company. Under the terms of the merger, Acme shareholders would receive $14 per share, which was $1 more than the market price on the day prior to the announcement. Acme's shareholders approved the merger. Stein did not vote for or against the merger, but he turned in his shares and received $14 for each share. Stein later argued that Acme's directors acted improperly in approving the merger. He also believed the price he and other shareholders received was grossly inadequate. Will Stein be able to enforce his appraisal rights?
What will be an ideal response?
Paraphrasing to ensure understanding ________
A) requires asking for clarification B) means asking straightforward questions about what was said C) involves repeating exactly what you heard in the same words, to make sure you didn't mishear any of the words D) is less complicated than asking questions E) can help you understand the emotional content behind a statement
Why is it important for public relations professionals to read and understand the news?
A) It helps them build their own news writing skills. B) It informs them of what journalists write, comment, and blog about. C) It enables them to compliment journalists when pitching a story. D) It provides a competitive edge against unfriendly competition.
Which of the following actions should be taken immediately after an MPR event to ensure the event's success?
A) sending thank-you notes to participants B) making plans for future events in the community C) distributing extra takeaways to employees D) providing media with access to an event's location E) placing advertisements on national TV to saturate the market