Which of the following statements best describes the term "par value?"
A. Determined by dividing total stockholder's equity by the number of shares of stock.
B. The amount that must be paid to purchase a share of stock.
C. The number of shares currently in the hands of stockholders.
D. An amount used in determining a corporation's legal capital.
Answer: D
You might also like to view...
Which system of job evaluation is being used when jobs are grouped according to a series of predetermined wage grades?
A. Hay profile method B. Job ranking system C. Factor comparison method D. Job classification system
B. What is an undisclosed principal? b. What is a partially disclosed principal? c. What liability does an agent have to a third party when the principal is either undisclosed or partially disclosed? d. Dale is asked to be an agent for Phil, but Phil
does not wish third parties to know that Dale represents him. In light of your answer to part (c), why would Dale want to be an agent for Phil? Why would Phil wish that third parties not know his identity? Explain.
If a bond issuer's bond ratings drop, the company probably will have to pay higher interest rates on bonds that have already been issued.
Answer the following statement true (T) or false (F)
Brayden is responsible for managing the customer satisfaction of Hilton. Brayden is currently analyzing the customer relationship management (CRM) program at Hilton and is contemplating where he should begin making changes. Which of the following would be the beginning of a CRM program, and therefore the area Brayden should consider first?
A. Getting rid of the most unprofitable customers B. Offering new types of hotel rooms for frequent guests. C. Expanding the number and locations of Hiltons D. Providing information to customers through the Web, Facebook, or in person. E. Increasing the promotion budget with a new sweepstakes for frequent customers.