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
Business
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