Tangshan Mining has common stock at par of $200,000, paid-in capital in excess of par of $400,000, and retained earnings of $280,000
In states where the firm's legal capital is defined as the par value of common stock, the firm could pay out ________ in cash dividends without impairing its capital.
A) $200,000
B) $680,000
C) $600,000
D) $880,000
B
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According to the Ethical Trading Initiative (ETI), ________
A) child labor cannot be used unless there are no suitable alternatives B) employment need not be freely chosen in order to be acceptable C) no harsh or inhumane treatment of workers should be allowed D) MNEs are not responsible for establishing codes of conduct
Risk identification:
A) is something completely different from loss identification B) is only relevant for firms making products that have moving parts C) can lead to financial loss D) is also called loss identification in the insurance industry