How will the declaration and distribution of a 10 percent stock dividend affect the issuing corporation's balance of retained earnings and total stockholders' equity, respectively?
a. Decrease and no effect
b. No effect and no effect
c. Decrease and decrease
d. No effect and decrease
A
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The number of cumulative exposures achieved in a given time period is called opportunities to see (OTS)
Indicate whether the statement is true or false
Scripts are best defined as ______.
a. expected sequences of actions that organize our perceptions of people and social situations b. binary dimensions we use to make sense of people or social situations c. generalizations we make about an entire group of people or situations d. our best example of a particular category of people or situations
During the period from 2013 to the end of 2014, Excellence, Inc spent $90,000 on research and development for an invention that was patented on January 1, 2015. Excellence estimated that the patented invention would be useful in its production for 10 years. At the beginning of 2017, Excellence paid $16,000 in legal fees in a successful defense of the patent. What is Excellence's patent
amortization expense for 2017? A) $25,000 B) $11,000 C) $10,600 D) $2,000
Stock warrants outstanding should be classified as
a. liabilities. b. reductions of capital contributed in excess of par value. c. capital stock. d. additions to contributed capital.