A company originally issued 13,000 shares of $6 par value common stock at $12 per share. The board of directors declares a12% stock dividend when the market price of the stock is $22 a share. Which of the following is included in the entry to record the declaration of a stock dividend? A. Stock Dividends is credited for $34,320.
B. Stock Dividends is debited for $34,320.
C. Paid-In Capital in Excess of Parlong dash—Common is credited for $18,720.
D. Stock Dividends is debited for $18,720

Adisadvantage of corporations is that shareholders have to pay on profits.

Quick computing currently sells 12 million computer chips each year at a price of $19 per chip. it is about to introduce a new chip, and it forecasts annual sales of 22 million of these improved chips at a price of $24 each. however, demand for the old chip will decrease, and sales of the old chip are expected to fall to 6 million per year. the old chips cost $10 each to manufacture, and the new ones will cost $14 each. what is the proper cash flow to use to evaluate the present value of the introduction of the new chip? (enter your answer in millions.)

Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.