The owner of 100 shares of stock of a corporation with 2,000 shares of stock outstanding has a 5% interest in the total stockholders' equity. If a 20% stock dividend is declared and distributed a 5% interest in the total stockholders' equity prior to the stock dividend, would have which of the following interests in the equity after the stock dividend was distributed?
a. 5%
b. 6%
c. 20%
d. 25%
a
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A key driver of sales frequency is the product ________ rate
A) consumption B) disposal C) refusal D) utility E) option
The market for two-way radios is rapidly shrinking. A company that has a small share of the two-way radio market would be considered a(n) ________ in terms of the BCG growth-market matrix
A) exclamation mark B) dog C) cash cow D) star E) question mark
A group of related accounts that make up a complete unit is called a trial balance
Indicate whether the statement is true or false
A company has advance subscription sales totaling $45,000 for the upcoming year when four quarterly journals will mailed to customers. When the company mails the first quarterly journal to customers, it should record:
A. Debit Unearned Revenue $45,000; credit Cash $45,000. B. Debit Prepaid Subscriptions $11,250, credit Sales $11,250. C. Debit Unearned Revenue $11,250, credit Sales $11,250. D. Debit Cash $11,250, credit Sales $11,250. E. Debit Prepaid Subscriptions $33,750; credit Unearned Revenue $33,750.