Cartier, Inc's corporate charter allows it to sell 1 million shares of 0.50 par value common stock. As of December 31, 2011, the company had sold 500,000 shares for 4 each. Cartier has 20,000 shares of treasury stock that cost 100,000.
On the December 31, 2011 balance sheet, the number of shares authorized is ________ shares.
A) 1,000,000
B) 500,000
C) 480,000
D) 400,000
Question 2
______________________________ is a policy of requiring an employee to take leave from the job and substituting another employee in his or her place.
Fill in the blank(s) with correct word
Common Wombat, Maria Island, Tasmania
Several common functional groups in a single biomolecule
Common negligent acts
Common Root Words and Combining Forms
Corporate Finance: The Core