Which of the Following Statements Is True for a Corporation

question 65

Multiple Choice

Which of the following statements is true for a corporation with $1 million market value of equity, $2 million market value of assets, and 1,000 shares of outstanding stock?

• A)market value of liabilities exceeds book value of liabilities.
• B)market value of liabilities equals $1 million.
• C)book value per share equals $1,000.
• D)market value per share equals $2,000.

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Definitions:

Sympathetic Nervous System

A part of the autonomic nervous system that prepares the body for physical activity by increasing heart rate, dilating airways, and other physiological responses.

Mobilizing

The act of preparing and organizing resources or people for action or use.

Peripheral Nervous System

The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord, involved in connecting the CNS to limbs and organs.

Neurons

Cells within the nervous system that transmit information to other nerve cells, muscle, or gland cells.