On July 31, 2018, Baldwin, Inc. reported the following information in the equity section of their balance sheet:



Assume that Baldwin splits its common stock 3-for-1. Prepare an equity section of the balance sheet that shows the effects of the stock split. (Please round all numbers to the nearest cent.)


Business

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The generic cognitive message strategy is a(n):

A) claim of superiority based on a product's specific attribute or benefit, which cannot be made by a competitor B) direct promotion of product attributes or benefits without any claim of superiority C) explicit, testable claim of uniqueness or superiority that can be supported or substantiated in some manner D) untestable claim based upon some attribute or benefit

Business

Which of the following is a substantive procedure that an auditor most likely would perform to verify the existence of recorded accounts payable?

A. Investigating the open purchase order file to ascertain that prenumbered purchase orders are used and accounted for. B. Receiving the entity's mail, unopened, for a reasonable period of time after the year-end to search for unrecorded vendor's invoices. C. Confirming accounts payable balances with known suppliers who have zero balances. D. Vouching selected entries in the accounts payable subsidiary ledger to purchase orders and receiving reports.

Business

Generally accepted accounting principles encompass the conventions, rules, and procedures necessary to define accepted accounting practice at a particular time

Indicate whether the statement is true or false

Business

What is profit when the optimal values of soap and shampoo are produced?

The Salt Creek Soap Company has determined the following nonlinear model to determine the optimal pounds of industrial soap (X1) and shampoo (X2) it should produce each day. Maximize Z = X12 + 2X22 - 8X1 - 12X2 + 34 Subject to: X1 + 2X2 = 4 lbs A) Z = 12 B) Z = 14 C) Z = 16 D) Z = 18

Business