ZK
Zybrea Knight
Answers (2)
ZK
Answered
The charter of Delta Corporation specified a maximum of 25,000 shares of common stock.At the current date,5,000 shares remain unissued,and 2,000 of the issued shares have been repurchased and are still held by Delta.
Calculate the number of shares that are:
A.Authorized
B.Issued
C.Held in the treasury
D.Outstanding
Calculate the number of shares that are:
A.Authorized
B.Issued
C.Held in the treasury
D.Outstanding
On May 07, 2024
A.Authorized shares = 25,000 = number in the corporate charter.
B.Issued shares = 20,000 = authorized shares - unissued shares = 25,000 - 5,000.
C.Held in the treasury = 2,000 = repurchased and still held by the company.
D.Outstanding shares = 18,000 = issued shares - treasury shares = 20,000 - 2,000.
B.Issued shares = 20,000 = authorized shares - unissued shares = 25,000 - 5,000.
C.Held in the treasury = 2,000 = repurchased and still held by the company.
D.Outstanding shares = 18,000 = issued shares - treasury shares = 20,000 - 2,000.
ZK
Answered
Jim applied for a position with the city's public works department that he had seen advertised in the local newspaper. The advertisement specifically requested experience with heavy machinery, which would be used on a daily basis in this job. Jim did not know how to operate any of the machinery, and in fact, he did not have a valid driver's licence. On his first day at the job Jim caused an accident that will cost the city greatly. Jim's action would constitute deceit under tort law.
On May 04, 2024
True