Murton Industries Murton Industries, Inc reported the following information on its recent balance sheet. Common stock, $10 par, 100,000 shares authorized, 75,000 shares issued and outstanding Refer to the information for Murton Industries. What is the effect of a 10% stock dividend if the market price of the common stock is $30 per share when the stock dividend is declared?
A) A stock dividend has no impact on any of the stockholders' equity accounts.
B) Total stockholders' equity increases $75,000.
C) Cash increases $300,000.
D) Retained earnings decreases by $225,000.
D
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The statement of cash flows would not report which one of the following items?
A) stock dividends B) purchase of capital stock C) redemption of long-term debt D) issuance of long-term debt
In 2015, more than 50 percent of minority-owned businesses were owned by:
A. Asian Americans. B. Hispanics. C. Native Americans. D. African Americans.
According to deontological thinker Kant: I. It is only acceptable to lie when done to protect an innocent person. II. The level of respect owed to another is based on one's relationship to that person. III. It is wrong to use another person unless mutual benefit is attached. IV. Once chosen, actions will be repeated whenever the same situation arises
a. I and III b. II and IV c. III and IV d. I, III, and IV
The ________ era is a time when a company emphasizes selling because of the increased competition in the external environment.
A. demand B. marketing C. production D. supply E. sales