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.

---

Definitions:

High-growth CEOs

Chief executive officers leading companies experiencing rapid expansion in revenue, staff, or market share.

Industry Experience

The practical knowledge gained from working in a specific sector or industry over time.

Business Opportunity

A viable idea or proposal that can be capitalized on for profit, often requiring investment and risk.

Product Leadership

A competitive strategy focused on innovation and the development of superior products or services, emphasizing quality, performance, and features to gain market leadership.