The owner of 500 shares of stock of a corporation with 25,000 shares of stock outstanding has a 2% interest in the total stockholders' equity. If a 20% stock dividend is declared and distributed, that stockholder would own which of the following number of shares?
a. 500; b. 525; c. 550; d. 600; e. 5,000
D
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Which of the following is a positive method for dealing with price issues during the business proposition phase?
A. The product costs $5,000. B. Your rate will be only prime plus two. C. We'll take off $6,000 to trade in your used car. D. You can pay the total price over a series of months. E. How much would you like to pay us every month?
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A) Cash XX Sales Discount XX Accounts Receivable XX B) Delivery Expenses XX Cash XX C) Cash XX Accounts Receivable XX D) Merchandise Inventory XX Cash XX