The Following Information Was Reported Last Year

question 74

Multiple Choice

The following information was reported last year:

What was the change in net working capital for the year?

• A)$2,674
• B)-$22,850
• C)-$2,674
• D)$22,850

Recognize the significance of the production possibilities frontier (PPF) in illustrating economic efficiency and trade-offs.

Differentiate between exports and imports and their roles in international trade.

Identify the historical foundations of modern economic thought related to trade and specialization.

Understand the conditions under which trade can be beneficial or detrimental to individuals or countries.

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Definitions:

Shares Outstanding

The total number of shares of stock that are currently owned by shareholders, including those held by institutional investors and restricted shares.

Share Price

The price of a single share of a company's stock, determined by market supply and demand.

Stock Dividend

Increases the number of shares outstanding, but at a slower rate than splits. Current shareholders receive additional shares on some proportional basis. Thus, a holder of 100 shares would receive 5 additional shares at no cost if a 5% stock dividend were declared.

Shareholder's Wealth

The total value of an individual's or entity's equity in a firm, essentially reflecting the market value of their shares.