Internal databases usually are more expensive to use than other market information sources

List and describe several ways that collaboration boosts performance of organizations.

What will be an ideal response?

Lerner, Inc had the following transactions in 2017, its first year of operations

• Issued 22,000 shares of common stock. The stock has a par value of $3.00 per share and was issued at $16.00 per share. • Issued 1,800 shares of $160 par value preferred stock at par. • Earned net income of $37,000. • Paid no dividends. At the end of 2017, what is total stockholders' equity? A) $677,000 B) $354,000 C) $286,000 D) $640,000