Examlex

Solved

Use the Following Information to Answer Questions

question 13

Multiple Choice

Use the following information to answer questions
A company’s capital consists of 50 000 ordinary shares issued at £2 and paid to £1 per share.
On 1 September, a first call of 50c was made on the ordinary shares. By 30 September, the call money received amounted to £22 500. No further payments were received, and on 31 October, the shares on which calls were outstanding were forfeited. On 15 November, the forfeited shares were reissued as paid to £1.50 for a payment of £1 per share. The appropriate cash amount from the reissue was received on 19 November. Costs of reissue amounted to £2 000. The company’s constitution provided for any surplus on resale, after satisfaction of unpaid calls, accrued interest and costs, to be returned to the shareholders whose shares were forfeited.

-The amount of the surplus payable to the shareholders whose shares were forfeited is:

Acknowledge the necessity of ongoing practices in organizational life.
Grasp the researcher's role and perspective in studying organizational culture.
Understand the theoretical frameworks (purist and pragmatist) for analyzing power and control within organizational culture.
Identify the dehumanizing aspects of white-collar work.

Definitions:

Avoidance

A psychological defense mechanism whereby individuals steer clear of thoughts, feelings, or behaviors that may result in anxiety or distress.

Compromising

A conflict resolution strategy where each party gives up something to reach a mutually acceptable solution.

Collaborating

Working jointly with others or together especially in an intellectual endeavor to achieve a common goal or outcome.

Société des Transports de Montréal (STM)

The public transportation agency that operates transit bus and metro services in Montreal, Quebec, Canada.

Related Questions