What is common stock? What are its features?
What will be an ideal response?
Common stock is an equity security that represents the residual value of a corporation. Common stock has no preferences. That is, creditors and preferred shareholders must receive their required interest and dividend payments before common shareholders receive anything. Common stock does not have a fixed maturity date. If a corporation is liquidated, the creditors and preferred shareholders are paid the value of their interests first, and the common shareholders are paid the value of their interests last. Corporations may issue different classes of common stock. Persons who own common stock are called common stockholders. A common stockholder's investment in the corporation is represented by a common stock certificate. Common stockholders have the right to elect directors and to vote on mergers and other important matters. In return for their investment, common stockholders receive dividends declared by the board of directors.
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A systematic problem-solving philosophy that encourages front line workers to achieve zero defects is known as:
A. total quality management (TQM). B. activity based management (ABM). C. just-in-time (JIT). D. None of these.
In the sentence The final draft of the proposal was sent to me by Kendra on Thursday, the pronoun me functions as the ____
A) object of a verb B) object of a preposition C) subject of a verb
Behaviors that intentionally harm the organization's assets and possessions are referred to as
A. property deviance. B. organizational aggression. C. personal aggression. D. production deviance. E. political deviance.
Companies are allowed to switch each year from one inventory cost method to another, depending on economic circumstances.
Answer the following statement true (T) or false (F)