When a 5% stock dividend is declared, which account is debited?
A) Common Stock—Par Value
B) Common Stock Dividend Distributable
C) Stock Dividends
D) Paid-In Capital in Excess of Par—Common
Answer: C) Stock Dividends
You might also like to view...
Which of the following represents the three part formula for responding positively to a claim using social media?
A) Understanding, apology, and solution B) Identification, resolution, and apology C) Apology, blame, and dismissal D) Defense, plan of action, and follow up E) Tweeting, wall posts, and rating alterations
Which statement about leased departments is not correct?
a. The proprietor of a leased department is responsible for all aspects of its operations. b. The leasor provides management assistance, training, and troubleshooting for the leasee. c. The leasor imposes various stipulations on the leasee to ensure consistency and coordination. d. Leased departments tend to operate on the fringe of a department store's product lines.
The results of strategies that cannot pass the test of moral scrutiny often are NOT manifested in
A. criminal indictment and convictions of company executives. B. increased customer loyalty. C. devastating public relations hits. D. sharp drops in stock prices and lower dividends. E. sizable fines.
Marketing prescriptive models can be used to:
a. Identify which customer segments will be most profitable. b. Determine whether to continue promotional spending in order to generate future sales. c. Determine whether to curtail spending and allocate marketing resources to more profitable customer targets. d. All of the above