Nance corporation's december 31, 2014 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative,30,000 shares authorized; 15,000 shares issued $ 300,000common stock, $10 par value, 3,000,000 shares authorized; 1,950,000 shares issued, 1,920,000 shares outstanding 19,500,000paid-in capital in excess of par value - preferred stock 60,000paid-in capital in excess of par value - common stock 27,000,000retained earnings 7,650,000treasury stock (30,000 shares) 630,000nance's total paid-in capital wasa. $46,860,000.b. $47,490,000.c. $46,230,000.d. $27,060,000.

What is a sort of auction for stocks in which traders verbally submit their offers?

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Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?