Which of the following statements is true?

A) Both a stock dividend and a stock split increase the balance in the common stock account.
B) Both a stock dividend and a stock split reduce retained earnings.
C) Neither a stock dividend nor a stock split will result in net gains or losses.
D) A stock split increases the par value per share of the stock.


C

Business

You might also like to view...

A restrictive indorsement does not destroy negotiability

Indicate whether the statement is true or false

Business

Elliot Industries invests a portion of its profits each year into a benefit emergency health care account for its employees

For the last five years it has invested year-end amounts of $50,000, $43,000, $26,000, $61,000, and $84,000. If the last deposit ($84,000) was made today and the account earns an average of 7.3% per year, how much money is currently in the account, assuming there have been no withdrawals? What will be an ideal response?

Business

Activities define more generally than work packages how the work will get done

a. True b. False Indicate whether the statement is true or false

Business

Antonio owns a small auto body shop. He is concerned with apathy among his employees and decides to add some extrinsic motivators in hopes of increasing performance. Which of the following is NOT an extrinsic motivator Antonio may try?

A) increased pay for specific work B) promotional opportunities within the company C) an "employee of the month" program D) offering work employees may find more satisfying E) public praise of good performance in front of coworkers

Business