A company with 100,000 authorized shares of $4 par common stock issued 50,000 shares at $9. Subsequently, the company declared a 2% stock dividend on a date when the market price was $10 a share. The effect of the declaration and issuance of the stock dividend is to
A) decrease retained earnings, increase common stock, and increase paid-in capital
B) increase retained earnings, decrease common stock, and decrease paid-in capital
C) increase retained earnings, decrease common stock, and increase paid-in capital
D) decrease retained earnings, increase common stock, and decrease paid-in capital
A
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The asset account, Supplies, has a balance of $700 on January 1 . During January, the company purchased $16,000 of supplies on account and the liability was appropriately recorded. A count of supplies at the end of January indicates a balance of $900 . Which one of the following is a correct amount to be reported on the company's financial statements for the month ending January 31?
a. Supplies Expense—$15,800 b. Supplies on Hand—$700 c. Accounts Payable—$15,800 d. Supplies Expense—$16,700
The Northern co. manufactures office chairs. The following has the following information for June:Refer to the original data. If the company's sales for June are actually 1,500 chairs, the margin of safety is
a.72 chairs. b.62 chairs. c.52 chairs. d.42 chairs. e.None of the answers are correct.
What are the suggested four strategies for managing angry negotiators?"
What will be an ideal response?
Sally works on a production line. Her manager moves several of her coworkers around to achieve the right worker-task specialization and to link people and tasks by the speed of the production line. If successful, the manager will
A. increase workplace monotony. B. decrease mechanization of the work process. C. increase job satisfaction. D. lower costs. E. decrease organizational output.