Which of the following is issued to shareholders by a corporation as evidence of the ownership of rights to acquire its unissued or treasury stock?
a. Stock options
b. Stock rights
c. Stock dividends
d. Stock subscriptions
B
You might also like to view...
An apology strategy to manage a negative publicity situation should include each of the following elements, except:
A) an expression of guilt B) a statement recognizing the inappropriate behavior C) acceptance of sanctions because of wrong behavior D) a statement about behaviors of the competition
Given the increasingly diverse customer base of many organizations, having diverse employees ______.
a. makes no difference if the employees don’t understand each other b. makes no difference if the employees don’t like each other c. makes no difference if the employees refuse to work with each other d. can help a firm to better understand and adjust its practices to satisfy customer demands
Accounting is governed by the balance sheet equation, which shows the equality of
a. assets with liabilities plus shareholders' equity. b. assets plus liabilities with shareholders' equity. c. assets plus shareholders' equity with liabilities. d. assets with liabilities minus shareholders' equity. e. assets with shareholders' equity minus liabilities.
Consider the following information: Unit sold 20 40 60 Total salary cost $6,000 $7,800 $9,200 Total cost of goods sold 14,000 28,000 42,000 Depreciation cost per unit $120 $60 $40 Based on the above information, select the correct statement.
A. Cost of goods sold is a mixed cost. B. If the company sells 20 units for $540 each, it will incur a loss of $200. C. Depreciation cost is a variable cost. D. Salary cost is a mixed cost.