Dali Company has 15,000 shares of stock authorized at January 1 . Dali issues 4,500 shares to the stockholders during the year and then the company repurchases 1,500 shares as treasury stock. Based on this information, how many shares are outstanding at December 31?
a. 15,000
b. 18,000
c. 4,500
d. 3,000
d
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The process capability index (Cp) ______.
A. is the primary measure used to track process capability B. shows how well a process is centered between specification limits C. shows the cost of noncompliance with government regulations D. shows the cost of noncompliance with ISO requirements
Held-to-maturity securities are valued on the balance sheet at
A) original cost. B) fair value. C) maturity value. D) cost adjusted for the effects of interest.
The vested benefits of an employee in a pension plan represent benefits
a. to be paid to the retired employee in the current year. b. to be paid to the retired employee in subsequent years. c. to be paid from funds currently in the hands of an independent trustee. d. that are not contingent on the employee's continuing in the service of the employer.
Corporate entrepreneurship is most strongly reflected in entrepreneurial activities as well as in top management orientations in organizations.
Answer the following statement true (T) or false (F)