How is it possible for a corporation to have more shares issued than it has outstanding?
When a corporation buys back some shares that have been issued, it then has treasury shares. Treasury stock retains its status as issued shares but no longer represents outstanding shares.
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A warranty that is created when a seller or lessor makes an affirmation that the goods he or she is selling or leasing meet certain standards of quality, description, performance, or condition is known as a(n) ________ warranty
A) implied B) conditional C) closed D) express
Which of the following is NOT a phase in providing user satisfaction?
I. Quality and production planning II. Quality and product design III. Quality and manufacturing IV. Quality and use A) I, II, III and IV are all phases in providing user satisfaction. B) I only C) II only D) III only E) IV only
Operating return on assets (OROA) is equal to operating profit margin times fixed assets turnover
Indicate whether the statement is true or false
On a purely theoretical basis, NPV is preferred over IRR because NPV assumes a more conservative reinvestment rate and does not exhibit the mathematical problem of multiple IRRs that often occurs when IRRs are calculated for nonconventional cash
flows. Indicate whether the statement is true or false