A corporation has 50,000 shares of $25 par value stock outstanding that has a current market value of $150. If the corporation issues a 5-for-1 stock split, the market value of the stock will fall to approximately:
A) $25
B) no changed
C) $5
D) $30
D
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Decide whether the following statements concerning glycolysis are true or false.Glycolysis will yield a net of 2 ATP only during aerobic respiration.
Answer the following statement true (T) or false (F)
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $40,500; net cash used in investing activities was $15,000 and net cash used in financing activities was $19,500. If the beginning cash balance is $7500, what is the ending cash balance?
A. $43,500. B. $6000. C. $67,500. D. $82,500. E. $13,500.
Accordingly, again, also, and additionally are examples of ______.
A. transitions B. pronouns C. overused words D. parallelism
Allowance for Doubtful Accounts has a credit balance of $1,400 at the end of the year (before adjustment), and an analysis of customers' accounts indicates doubtful accounts of $17,900. Which of the following entries records the proper provision for doubtful accounts?
A) debit Allowance for Doubtful Accounts, $16,500; credit Uncollectible Accounts Expense, $16,500 B) debit Allowance for Doubtful Accounts, $19,300; credit Uncollectible Accounts Expense, $19,300 C) debit Uncollectible Accounts Expense, $19,300; credit Allowance for Doubtful Accounts, $19,300 D) debit Uncollectible Accounts Expense, $16,500; credit Allowance for Doubtful Accounts, $16,500