The Following Information (In Thousands) Is for Zháng Office Supplies

question 239

Multiple Choice

The following information (in thousands) is for Zháng Office Supplies: The total amount of assets to be classified as investments is

• A) ¥0.
• B) ¥300,000.
• C) ¥150,000.
• D) ¥360,000.

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Definitions:

Close Corporation

A corporation whose shares of stock and managerial control are closely held by fewer than 50 shareholders (often members of the same family) or by one person.

Shareholders

Individuals or entities that own shares in a corporation, giving them certain rights such as voting on corporate matters.

No Par Value

Shares issued without a nominal or stated value per share, with the market price determined by demand.

Secretary of Commerce

The head of the U.S. Department of Commerce, responsible for promoting American businesses and trade.