____ provides a core of functional expertise that is available to all projects
a. an autonomous project organizational structure
b. a functional organizational structure
c. a matrix organizational structure
d. a project management office
c
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The auditing standards issued by the PCAOB are identical to the auditing standards issued by the AICPA
a. True b. False Indicate whether the statement is true or false
Most producers sell their goods directly to final users
Indicate whether the statement is true or false
Typically, debt financing requires:
A. a degree of ownership in the firm. B. an asset as collateral. C. reduction of short-term assets. D. reduction of working capital.
Garber Corporation had 40,000 shares of $10 par common stock outstanding on January 1, Year 1. On June 1, Year 1 Garber purchased 5,000 shares of its own stock on the open market for $22 per share and held it as treasury stock. On October 1, Year 1 Garber declared and issued a 10% stock dividend. The market value of Garber's stock was $24 per share on October 1. Garber's board of directors declared and paid a cash dividend of $57,750 on December 15, Year 1.Required:a) Show how the purchase of the treasury stock affects the financial statements. AssetsLiabilitiesEquityRevenuesExpensesNet IncomeCashFlow???????b) Show how the issuance of the stock dividend affects each element of the financial statements. AssetsLiabilitiesEquityRevenuesExpensesNet
IncomeCashFlow???????c) Show how the declaration and payment of the cash dividend affect the financial statements.AssetsLiabilitiesEquityRevenuesExpensesNet IncomeCashFlow???????d) What was the per-share cash dividend paid on December 15? What will be an ideal response?