On September 30, Pineville Corporation declared and issued a 10% common stock dividend. Prior to this dividend, Pineville had 50,000 shares of $5 par value common stock issued and outstanding. The fair value of Pineville's common stock was $52 per share on September 30 . As a result of this stock dividend, Pineville's total stockholders' equity
a. increased by $25,000.
b. decreased by $25,000.
c. increased by $260,000.
d. decreased by $260,000.
e. did not change.
E
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Llama Company signed a new $36,000 three-year lease beginning October 1, Year 1, for a storage facility for holding merchandise inventory. On October 1, Year 1, Llama Company recorded the first year's payment of $12,000 in the Prepaid Rent account. There was no balance in the Prepaid Rent account prior to this entry. Llama Company records adjustments only at the calendar year end. At December 31,
Year 1, the adjusting entry needed to accurately reflect the correct balances in the Prepaid Rent and Rent Expense accounts would be to debit: a. Prepaid Rent for $12,000 and credit Rent Expense for $12,000 b. Rent Expense for $12,000 and credit Prepaid Rent for $12,000 c. Prepaid Rent for $3,000 and credit Rent Expense for $3,000 d. Rent Expense for $3,000 and credit Prepaid Rent for $3,000 e. Prepaid Rent for $9,000 and credit Rent Expense for $9,000
The actual act of purchase is the second stage of the consumer buying decision process.
Answer the following statement true (T) or false (F)
Federal law does not prohibit discrimination on the basis of gender in assessing an employee's education, training, or experience.
Answer the following statement true (T) or false (F)
It is difficult to add or remove services in a component-based system or application
Indicate whether the statement is true or false