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