On May 1, 20x5, Ironwood Corporation had 200,000 shares of $10 par value common stock outstanding with a market value of $16 per share. On May 2, 20x5, Ironwood announced a 4-for-1 stock split. After the split, the par value of the stock
A) remained the same as before the split.
B) was reduced to $2.50 per share.
C) was reduced by $4 per share.
D) was reduced by $2.50 per share.
B
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Which of the following is the major difference between the accounting for equity securities and debt securities?
A) Debt securities are classified as liabilities, while equity securities are classified as assets. B) Debt securities are classified as trading debt investments, while equity securities are classified as held-to-maturity equity investments. C) Debt securities earn interest revenue, while equity securities may earn dividend revenue. D) Debt securities of all types have a maturity date, while only a few equity securities have a maturity date.
Which of the following is not a characteristic of the creative process?
A) Long, rather than short in duration B) Ambiguous, rather than certain and concrete C) Oriented towards defining problems rather than finding short-term fixes D) Involving simple mental models to solve bigger problems
Identify the conjunction or conjunctions in the sentence. Eric understands more about retirement plan options than I do
The making of a decision by general agreement and in the absence of any voiced objection is called ________
A. social referencing B. expropriation C. waiver D. consensus