Blake Leads a Design Team That Consists of Four Members

question 114

Multiple Choice

Blake leads a design team that consists of four members, including himself, but the workload has become such that they need to add a fifth member. He is considering a variety of candidates, who have relatively equivalent skill sets when it comes to the work, and all are more or less equally easy to get along with. Given all this, Blake should be looking for a candidate who demonstrates

• A) a propensity for speaking well of the company to outsiders.
• B) the capacity for heading off problems before they arise.
• C) the ability come up with novel solutions to problems.
• D) a habit of keeping up with changes in the industry.
• E) a tendency to come to the aid of their coworkers.

Identify and compute dividends, including the treatment of cumulative and noncumulative preferred dividends and the concept of dividends in arrears.

Recognize the differences between authorized, issued, and outstanding shares, and their impact on equity structure.

Understand the treatment and recording of stock issued in exchange for assets and services.

Comprehend the role and implications of paid-in capital in excess of par or stated value in equity transactions.