This topic contains a solution. Click here to go to the answer

Author Question: The state charter of Vest Corporation allows the corporation to sell 500,000 shares. Vest has issued ... (Read 119 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

randomguy133

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

B

Answer to Question 2

c




lb_gilbert

  • Member
  • Posts: 588
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)


aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

For a complete list of videos, visit our video library