Which of the following amounts should be disclosed in the stockholders' equity section of the balance sheet?
A) the number of shares of common stock outstanding
B) the number of shares of common stock issued
C) the number of shares of common stock authorized
D) all of the above
D
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Samuel Tate enters into a contract with Bill Smith. Under the terms of this contract, Smith is to pay Tate $7,000 and Tate is to build a garage, repair a boat, and build a doghouse. If the doghouse has not yet been built, this is an example of a(n):
a. quasi contract. b. illusory contract. c. executory contract. d. executed contract.
The articles of incorporation must include the capital stock structure of the corporation
Indicate whether the statement is true or false
Organizations can configure the industry-specific inherent processes programmed in SAP
Indicate whether the statement is true or false
A corporation that uses both debt and equity in its capital structure has concluded that the risk premium it must pay on its common stock is too high. To decrease this, the firm can ________.
`A) increase the proportion of long-term debt to decrease the cost of capital B) increase the proportion of short-term debt to decrease the cost of capital C) decrease the proportion of common stock equity to decrease financial risk D) increase the proportion of common stock equity to decrease financial risk