If a Firm Sells a Total of 100 Shares of Stock,then

question 26

Multiple Choice

If a firm sells a total of 100 shares of stock,then

• A)each share represents 1 percent of the firm's indebtedness.
• B)each share represents ownership of 1 percent of the firm.
• C)the firm is engaging in term finance.
• D)All of the above are correct.

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