A private firm is one in which the owner(s) has not listed shares of the firm on a public

exchange.

Indicate whether the statement is true or false

TRUE

Business

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Which of the following is a consideration when determining whether to repair or replace a piece of equipment?

a. the age of the equipment b. the availability c. the effects of repair on equipment efficiency d. all of the above

Business

LaMike owns 1,000 shares of DAS, Inc.'s common stock. The stock has a par value of $1 per share

and is currently selling for $80 per share. DAS declares a 20% stock dividend. In a perfect capital market, after the dividend Sam will have A) 1,200 shares selling for $66.67 each. B) 1,200 shares selling for $96.00 each. C) 1,020 shares selling for $80.80 each. D) 1,020 shares selling for $64.00 each.

Business