11.2

5 multiple choice questions. Please answer all 5:

1.

2.

3.

4.

5.

The book value of a share of stock is equal to the market or selling price of the stock. he number of outstanding shares of common stock was which of the following? Multiple Choice 190,000 60,000 40,000 50,000 number of outstanding shares of common stock was which of the following? Multiple Choice 116,500 62,500 54,000 45,500 Vhich of the following terms designates the maximum number of shares of stock that a corporation may issue? Multiple Choice Number of shares issued Number of shares authorized Par value Number of shares outstanding Which of the following statements best describes the term "par value"? Multiple Choice The number of shares currently in the hands of stockholders The amount that must be paid to purchase a share of stock Determined by dividing total stockholders' equity by the number of shares of stock An amount used in determining a corporation's legal capital