Superstar Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $12.00 per share.



What would be the total stockholders' equity after a 15% common stock dividend?

A) $1,073,700

B) $705,000

C) $1,007,000

D) $604,200


C) $1,007,000

Business

You might also like to view...

A company has the choice of either selling 600 apples or processing them into applesauce. The company could sell the apples as is for $2.00 per unit. Alternatively, each apple could be made into one unit of applesauce with incremental costs of $0.60 per unit for direct materials, $1.00 per unit for direct labor, and $0.80 per unit for overhead, and then sold for $5.00 each. What is the amount of incremental revenue from processing the apples into applesauce?

A. $2.40 per unit. B. $5.00 per unit. C. $3.00 per unit. D. $7.00 per unit. E. $0.60 per unit.

Business

In Total Quality Management (TQM) programs, the emphasis is on

a. distributing the decision-making power throughout the organization. b. limiting the role of each employee in the organization. c. increasing functional and departmental boundaries. d. eliminating the middle management layer.

Business

The pitch of your voice often changes with your emotions

Indicate whether the statement is true or false

Business

All states have a law that requires certain contracts to be in writing

Indicate whether the statement is true or false

Business