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Author Question: The state charter of Vest Corporation allows the corporation to sell 500,000 shares. Vest has issued ... (Read 117 times)

lb_gilbert

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on: Jul 5, 2018
The state charter of Vest Corporation allows the corporation to sell 500,000 shares. Vest has issued 425,000 shares of stock. There are 15,000 shares of treasury stock. The number of outstanding shares is ________ shares.
 
  A) 15,000
  B) 410,000
  C) 425,000
  D) 500,000

Question 2

Internal control does notconsist of policies and procedures that
 a. protect assets from misuse
  b. ensure employees and managers comply with laws and regulations
  c. guarantee the company will earn a profit
  d. ensure that business information is accurate


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randomguy133

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Reply #1 on: Jul 5, 2018
Answer to Question 1

B

Answer to Question 2

c


lb_gilbert

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

Liamb2179

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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