Please Refer to the Following Information for Peartree Company

question 127

True/False

Please refer to the following information for Peartree Company:
• Common stock, $1.00 par, 100,000 issued, 95,000 outstanding
• Paid-in capital in excess of par: $2,150,000
• Retained earnings: $910,000
• Treasury stock: 5,000 shares purchased at $20 per share
-
If Peartree resold 800 shares of treasury stock for $15 per share, the company would record a loss on the sale of treasury stock for $4,000.

---

Definitions:

Representative Sample

A part of a population that accurately represents the entire group's composition.

Observer Effect

The phenomenon where the act of observation alters the behavior of the observed subject or the outcome of an experiment.

Naturalistic Observation

A research method where subjects are observed in their natural environment without any manipulation by the researcher.

Ethical Research

The practice of conducting studies and experiments in accordance with established ethical principles to ensure fairness, integrity, and respect for all participants.