The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 20,000 shares were originally issued and 2,500 were subsequently reacquired. What is the number of shares outstanding?
a. 20,000
b. 22,500
c. 82,500
d. 17,500
d
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Assuming items in inventory were purchased at different prices, the inventory cost method used affects net income.
Answer the following statement true (T) or false (F)
Jameson Products is the only provider of a patented leakproof valve for industrial applications. Acme Construction desires to include Jameson Products in a project for Acme's customer, thereby increasing the chance that Acme will be selected by Acme's customer to perform the project. However, Jameson Products charges a premium price for its valves, eroding Acme's profitability. This situation is indicative of the high bargaining power of
A. complementary firms. B. customers. C. substitute companies. D. competitors. E. suppliers.
Which of the following focuses on the processes and outcomes that describe how work is structured, organized, experienced, and enacted?
A. Job design B. Job analysis C. Job specification D. Job description
Loaf & Biscuit Company operates a commercial dough making and packaging plant-a "major source"-that emits hazardous air pollutants for which the Environmental Protection Agency has set maximum levels of emission. The plant does not use any equipment to reduce its emissions. Under the Clean Air Act, this is most likely A) a violation
B) not a violation because dough is not considered a pollutant. C) not a violation because the plant does not use any equipment. D) not a violation because the plant is not a mobile source.