A company reports the following stockholders' equity:
Compute the (1) number of common shares outstanding and (2) book value per common share.
(1) Number of common shares outstanding = $3,000,000/$2 = 1,500,000 shares
(2) Book value per common share = $5,700,000/1,500,000 shares = $3.80
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According to your text, one of the biggest sociocultural changes in the United States over the past half century has been
A. the shift from one-income families to two-income and single-parent households. B. the decline of females as the primary purchasers of products. C. the increased use of the Internet for purchasing consumer products. D. the gradual increase of college graduates in the workplace. E. the immigration of Hispanics into the country.
The ________ requires that the entrepreneur recognize that he or she is a time waster, that time is an important resource, and that there is a need to change personal attitudes and habits regarding the allocation of time.
A. principle of effectiveness B. principle of desire C. principle of analysis D. principle of prioritized planning
Which of the following statements regarding employees today is accurate?
A. The majority of employees have children under 18. B. Most people still enjoy work and want to excel at it. C. Remaining with a single employer is a top priority. D. Personal success is defined only in terms of financial gains.
Unlike those who violate statutes, violators of agency rules are not punished.
Answer the following statement true (T) or false (F)