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The CEO/chairman of PharmaPacifica Was Recently Killed in an Airplane

question 105

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The CEO/chairman of PharmaPacifica was recently killed in an airplane crash.This tragedy has thrown PharmaPacifica into turmoil as there is no one in the organization qualified to step into the former CEO's shoes.This is an example of:


Definitions:

Paid-in Capital

The amount of capital "paid in" by investors during common or preferred stock issuances, including the par value of the shares and amounts over par value.

Stock Dividend

A dividend payment to shareholders in the form of additional shares in the company, rather than cash.

Cash Dividend

A disbursement by a company to its shareholders, often from the profits earned.

Stock Dividend

A distribution of additional shares of a company's stock to its shareholders, usually in proportion to their existing holdings, instead of paying a cash dividend.

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