The shareholders of a corporation are its owners.

a. true
b. false

Answer: a. true

Business

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Grand Tour participants usually found themselves visiting ______

A. France, Italy, and Germany B. Belgium, Switzerland, and England C. England, Switzerland, and Germany D. England, Germany, and Russia

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Gordon Corporation reported the following equity section on its current balance sheet

The common stock is currently selling for $12.00 per share. Common Stock, $10 Par, 103,000 shares authorized, 58,000 shares issued and outstanding $580,000 Paid-in Capital in Excess of Par-Common 125,000 Retained Earnings 302,000 Total Stockholders' Equity $1,007,000 What would be the total stockholders' equity after a 15% common stock dividend? A) $1,073,700 B) $705,000 C) $1,007,000 D) $604,200

Business