The Common Stock of Checkers,Inc

question 37

Multiple Choice

The common stock of Checkers,Inc.is selling for $56 a share and the par value per share is $1.Currently,the firm has a total market value of $812,000.How many shares of stock will be outstanding if the firm does a 3-for-2 stock split?

• A)9,667 shares
• B)12,500 shares
• C)14,500 shares
• D)17,750 shares
• E)21,750 shares

Identify the need for further evaluation or referral based on initial assessment findings.

Understand the uniqueness and common characteristics of labor relations concepts across different countries.

Acknowledge the impact of globalization on labor relations and national labor policies.

Recognize the role and influence of labor unions in different political and economic systems.

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Definitions:

Negotiable Instrument

A document in writing that confirms the payout of a designated amount of money, whether immediately upon demand or at a specific time, with the name of the person paying listed on it.

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named or to the bearer.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and simplify the law relating to business and commerce across states.

Commercial Paper

Short-term, unsecured promissory notes issued by companies to finance their operations, often with maturities of less than 270 days.