Porter Corp

question 39

Multiple Choice

Porter Corp.purchased its own par value shares on January 1, 2010 for $20,000 and debited the treasury shares account for the purchase price.The shares were subsequently sold for $12,000.The $8,000 difference between the cost and sales price should be recorded as a deduction from

• A)share premium-treasury to the extent that previous net "gains" from sales of the same class of stock are included therein; otherwise, from retained earnings.
• B)share premium-treasury without regard as to whether or not there have been previous net "gains" from sales of the same class of shares included therein.
• C)retained earnings.
• D)net income.

Explain the role of stigma in the lives of individuals who deviate from societal norms, including those related to body image, lifestyle choices, and sexual orientation.

Discuss the historical and social contexts that shape attitudes toward sexual minorities and their rights.

Recognize the impact of homophobia on individuals and society, including its manifestation in less affluent societies.

Understand the psychological and social dynamics faced by families of sexual minorities.

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Definitions:

Informal Connections

Unofficial relationships or networks that form between people outside of formal organizational structures or hierarchies.

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Offering services and time without expecting financial reward, typically to benefit a community or organization.

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Online platforms that allow users to create profiles, interact with friends and strangers, share content, and participate in social networking.

Networker

An individual who actively develops and maintains a network of contacts for professional or personal advancement.