Megastar Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $18.25 per share.
What would be the balance in the Common Stock account after the issuance of a 10% stock dividend?
A) $334,000
B) $604,800
C) $739,200
D) $672,000
C) $739,200
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Under the double-entry system of accounting, every transaction is entered in at least two accounts on opposite sides of T accounts
a. True b. False Indicate whether the statement is true or false
The five management theories include classical, management science, contingency, behavioral, and ______ theories.
a. functions b. systems c. specialization d. method
Under the Leahy-Smith America Invents Act signed into law in 2011:
a. a patent will be awarded to the first inventor to file an application for the invention. b. a patent will be awarded to the first person to create an invention. c. patents granted after January 2012 may be renewed for one additional term. d. the patent application process will be more complicated, but it will harmonize the U.S. system with systems commonly used in other countries with which the U.S. trades.
Suppose that an iso-profit line is given to be X + Y = 10. Which of the following represents another iso-profit line for the same scenario?
A) X + Y = 15 B) X - Y = 10 C) Y - X = 10 D) 2X + Y = 10 E) none of the above