The following is selected financial information for Osmond Dental Laboratories for 2015 and 2016:
Osmond issued 2,000 shares of additional capital stock in 2016 for $20,000.There were no other capital transactions.Prepare a statement of stockholders' equity for the year ended December 31,2016.
Definitions:
Sunk-Cost Fallacy
The misconception that ongoing investment in a project should continue based on the cumulative prior investment (sunk costs) regardless of the current and future costs and benefits.
Variety Seeking
The tendency of consumers to seek diversity and change in their choices or experiences.
Cybermediaries
Online intermediaries that facilitate transactions or information flow between businesses and consumers.
Directories
Collections or lists of information categorized for easy reference, often used for finding contact information or services.
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