Which of the Following Statements Regarding Issued and Outstanding Stock

question 111

Multiple Choice

Which of the following statements regarding issued and outstanding stock is true?

• A)Outstanding stock includes all stock issued by a corporation.
• B)Issued stock equals the sum of outstanding stock and treasury stock.
• C)Issued stock is equal to authorized stock.
• D)Outstanding stock includes stock in the hands of investors,as well as treasury stock in the hands of the corporation.

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Definitions:

Total Utility

Total utility is the total satisfaction or pleasure a person derives from consuming a particular quantity of goods and services.

Marginal Utility

The change in satisfaction or utility that an individual gains from consuming an additional unit of a good or service.

Marginal Utility

The extra pleasure or benefit gained by a consumer from consuming one more unit of a product or service.

Utility Maximizing Rule

A principle in economics stating that to maximize satisfaction or utility, consumers allocate their expenditures so that the last unit of currency spent on each product provides the same level of marginal utility.