Laramie Corporation was organized on January 3, 2015 . Laramie was authorized to issue 50,000 shares of common stock with a par value of $10 per share. On January 4, Laramie issued 30,000 shares of common stock at $25 per share. On July 15, Laramie issued an additional 10,000 shares at $20 per share. Laramie reported income of $33,000 during 2015 . In addition, Laramie declared a dividend of $.50
per share on December 31 . 2015. See Laramie Corporation information above. The amount reported on Laramie Corporation's December 31 . 2015, balance sheet as stockholders' equity was
a. $400,000.
b. $550,000.
c. $950,000.
d. $963,000.
D
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A) $50,000 B) $350,000 C) $100,000 D) $250,000 E) $150,000
Where would you find the manufacturer and distributor in a typical supply chain?
A. Not on the supply chain B. Downstream C. In the middle D. Upstream
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An image or line of text that prompts visitors, leads, and customers to perform a desired action is referred to as a ________ ________ ________.
Fill in the blank(s) with the appropriate word(s).