Table 4-11 -Refer to Table 4-11. the Equilibrium Price and Quantity, Respectively

question 1

Multiple Choice

Table 4-11
-Refer to Table 4-11. The equilibrium price and quantity, respectively, are

• A)$2 and 50 units.
• B)$6 and 30 units.
• C)$6 and 60 units.
• D)$12 and 30 units.

Identify the roles and powers of a corporation's board of directors in setting stock prices, issuing shares, and declaring dividends.

Comprehend the importance and application of various types of tests (e.g., earned surplus test, net asset test) in determining a corporation's ability to issue dividends.

Distinguish between par value and no par value stocks and their implications for capital surplus.

Grasp the concepts and impacts of stock splits and stock options on shareholder value and corporate structure.