[The Following Information Applies to the Questions Displayed Below

question 117

Multiple Choice

[The following information applies to the questions displayed below.]
The stockholders' equity section of the balance sheet of Caesar Corporation at December 31,2018 appears as follows: (The company engaged in no treasury stock transactions prior to 2018. )

-What was the original cost of the treasury stock to Caesar Corporation?

• A)$5 per share
• B)$7 per share
• C)$8 per share
• D)Cannot be determined

---

Definitions:

Organizational Politics

The use of power, negotiation, and alliances within an organization to achieve personal or organizational goals.

Self-Interests

The consideration of one's personal advantage or profit, often without regard for others.

Vision

A clear, inspiring, long-term desired change resulting from an organization or individual's effort.

Hard Decisions

Difficult choices that require deliberation due to the significant consequences or trade-offs involved.