When property is destroyed or taken by a governmental entity for public use, and money is paid to the owner, which of the following terms describes that event:

A: Subrogated recessions;
B: Involuntary conversion;
C: Economic obsolescence;
D: Extinguishment conveyance.

Answer: B: Involuntary conversion;

Business

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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

Which training model combines cognitive, affective, and behavioral aspect of training?

a. area training model b. cultural awareness model c. interaction approach d. multidimensional approach

Business