Question

Managerial decisions include all of the following except a.selling price. b.purchase of capital equipment. c.product costs. d.setting of capital stock prices.

Answer 1

Answer:

D) setting of capital stock prices.

Explanation:

Neither management nor the board of directors sets the price of the corporation's stock, the market does. You cannot impose a price to the market, even if you try to sell stock valued at par, the market may decide to purchase them at that amount, or not purchase any stock until the price decreases, or maybe the market loves your stocks and purchases the at an even higher price.