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Refer to the following information for Tangent Corporation: • Common Stock,$1.00 par,108,000 shares issued,99,000 shares outstanding
• Paid-In Capital in Excess of Par-Common: $2,330,000
• Retained Earnings: $910,000
• Treasury Stock: 11,000 shares purchased at $33 per share
If Tangent resold 1,300 shares of treasury stock for $23.00 per share,which of the following statements would be true?
Propositions
Are ideas that result from finding the relationship between concepts.
Patterns
Are collections of related percepts.
Concrete Level
Refers to tasks, ideas, or projects that are specific, definite, and detail-oriented, as opposed to abstract concepts.
Sensate Level
Refers to the capacity or level at which physical sensations or feelings are experienced and perceived.
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