A corporation declared and issued a 15% stock dividend on October 1. The following information was available immediately prior to the dividend:?Retained earnings$750,000Shares issued and outstanding 60,000Market value per share$15Par value per share$5The amount that contributed capital will increase (decrease) as a result of recording this stock dividend is:
A. $135,000.
B. $45,000.
C. $(135,000).
D. $0.
E. $(45,000).
Answer: A
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A) price bundling B) target costing C) cost-plus approach D) export price costing E) cost-based pricing
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A. $180. B. $300. C. $500. D. $700.
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A. Unfavorable permanent difference. B. Favorable permanent difference. C. Deductible temporary difference. D. Taxable temporary difference.
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a. the only costs it considers are auditing costs. b. it considers benefits primarily in terms of the information needs of the stock market. c. it is not concerned with producer costs. d. it is primarily concerned with the effects of the standard on small or non-publicly listed firms.