Business, 14.11.2019 01:31 vanessaporter1545

On october 1, 2018, chief corporation declared and issued a 10% stock dividend. before this date, chief had 80,000 shares of $5 par common stock outstanding. the market value of chief corporation on the date of declaration was $10 per share. as a result of this dividend, chief's retained earnings will:
multiple choice
a. decrease by $80,000
b. not change
c. decrease by $40,000
d. increase by $80,000

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 23:10

At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. required: a. journalize the adjusting entry to record the accrued fees on december 31. refer to the chart of accounts for exact wording of account titles. b. if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?

Answers: 2

Answer

Business, 22.06.2019 08:40

Which of the following is not a characteristic of enterprise applications that cause challenges in implementation? a. they introduce "switching costs," making the firm dependent on the vendor. b. they cause integration difficulties as every vendor uses different data and processes. c. they are complex and time consuming to implement. d. they support "best practices" for each business process and function. e. they require sweeping changes to business processes to work with the software.

Answers: 1

Answer

Business, 22.06.2019 18:30

Hilary works at klothes kloset. she quickly the customers, and her cash drawer is always correct at the end of her shift. however, she never tries to "upsell" the customers (for example, by asking if they would like to purchase earrings to go with the shirt they chose or by suggesting a purse that matches the shoes they are buying). give hilary some constructive feedback on her performance.

Answers: 3

Answer

Business, 22.06.2019 20:20

Why is it easier for new entrants to get involved in radical innovations when compared to incumbent firms? a. unlike incumbent firms, new entrants do not have to face the high entry barriers, initially. b. new entrants are embedded in an innovation ecosystem, while incumbent firms are not. c. unlike incumbent firms, new entrants do not have formal organizational structures and processes. d. incumbent firms do not have the advantages of network effects that new entrants have.

Answers: 2

Answer

You know the right answer?

On october 1, 2018, chief corporation declared and issued a 10% stock dividend. before this date, ch...

Questions