Please Refer to the Following Information for Peartree Company

question 40

True/False

Please refer to the following information for Peartree Company:
If Peartree resold 1,000 shares of treasury stock for $24 per share, the total equity of the company would remain unchanged.

---

Definitions:

White

In a non-technical context, it refers to the color of maximum lightness; in a technical or racial context, it has different specific meanings.

Hue

A color or shade, especially as perceived in the spectrum of visible light.

Wavelength

The distance between successive peaks of a wave, typically used in the context of electromagnetic waves like light and radio waves.

Chromatic

Relating to color or the use of color, often used in the context of visual arts or color theory.