Authorized shares represent the:
A) number of previously issued shares that have been repurchased by the corporation.
B) number of shares that the corporation has sold.
C) number of shares that are currently held by stockholders.
D) maximum number of shares of stock that a company can legally issue.
D
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Reliable Manufacturers had no units in process at the beginning of the year. During the current year, 140,000 units were started. There were 15,000 units in work-in-process at the end of the year. These units were 40% complete. If total production costs for the year were $393,000 what should be the cost per equivalent unit?
A) $3.00 B) $3.14 C) $2.69 D) $2.93
Nutritreat Industries Corp. is a manufacturer of food products. The company introduced chocolate cookies to the local market
After a period of initial success, the product lost its market and Nutritreat decided to withdraw chocolate cookies from the market. This scenario is an example of the _____ stage of a product life cycle. a. introduction b. growth c. maturity d. decline
Research has shown that executives who have large holdings of stock in their firm are more likely to have diversification strategies more consistent with shareholder interests, like increasing long-term returns.
Answer the following statement true (T) or false (F)
Yard Whimzees, a Statesboro, Georgia sign business, began by making wooden signs for residential use to announce births, anniversaries and such. They then turned to the business market making signs for businesses. Creating signs for a new market is an implementation of a _____ strategy.
A. market development B. market penetration C. product penetration D. product development E. diversification