Doris Was in a Department Store Trying on a Leather

question 91

Multiple Choice

Doris was in a department store trying on a leather jacket. Two store detectives saw her tearing off the price tag and security device designed to set off an alarm if the jacket were carried through a detection machine. She placed the tag and the device in the pocket of another jacket on the merchandise rack. She left her jacket on a table. Leaving on her own jacket, she put on the leather jacket. When she headed for the exit from that floor, towards the main floor, she was apprehended by security personnel.
-​What actions did Doris take that indicated her intent to take the jacket without paying?

• A) ​tearing off the price tag
• B) ​tearing off the security device
• C) ​leaving her own jacket on a table
• D) ​all of these actions indicated her intent to take the jacket without paying

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Definitions:

Financing Activities

These are transactions involving raising capital and repaying investors, including payments of dividends, issuing shares, and borrowing or repaying debt.

Common Stock

A form of corporate equity ownership, representing a claim on a portion of the company's profits and assets.

Additional Paid-in Capital

The amount of equity in a company that shareholders have contributed in addition to the nominal or par value of the shares.

Financing Activities

Transactions related to raising capital and repaying shareholders, including issuing equity and taking on loans.