Authorized shares that have not been sold by the corporation are known as ________
A) issued shares
B) unissued shares
C) outstanding shares
D) liquidated shares
B
You might also like to view...
A target segment should only be selected on the basis of their sales and profit potential
Indicate whether the statement is true or false
Assume the following sales data for a company: 2008 $1,000,000 2007 900,000 2006 750,000 2005 500,000 If 2005 is the base year, what is the percentage increase in sales from 2005 to 2006?
A) 100% B) 180% C) 50% D) 55.5%
An advantage of questionnaire surveys is the low cost relative to the amount of data that can be collected
Indicate whether the statement is true or false
Which one of the following statements is TRUE?
A. A corporate golf club membership is an example of a nonpecuniary benefit B. Firms borrowing money have greater flexibility to use that money when there are debt covenants. C. When lenders protect themselves from the risk of asset switching by raising the interest rate, the firm's WACC can decrease. D. A lender calling in a corporate loan and then lending the funds out to a safer borrower is an example of asset switching. E. A supplier substituting a lower-quality raw material without approval is an example of asset switching.