Which of the following is TRUE of a stock split and a stock dividend?
A) A stock split will increase total stockholders' equity, but a stock dividend will not.
B) Neither a stock split nor a stock dividend will increase total stockholders' equity.
C) A stock dividend will increase total stockholders' equity, but a stock split will not.
D) A stock split will decrease retained earnings, but a stock dividend will not.
B) Neither a stock split nor a stock dividend will increase total stockholders' equity.
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Carrying value is
a. the same as book value. b. the unexpired part of an asset's cost. c. computed as cost minus accumulated depreciation. d. all of these.
A company's flexible budget for 12,000 units of production showed sales, $48,000; variable costs, $18,000; and fixed costs, $16,000. The contribution margin expected if the company produces and sells 16,000 units is:
A. $40,000. B. $64,000. C. $48,000. D. $24,000. E. $18,000.
What alternative LDI solution can be used tomanage a defined benefit pension plan instead ofmanaging just interest-rate risk?
What will be an ideal response?
August's gross monthly income is $4,600. If according to the rule of 36 he can afford a maximum PITI of $1,125, what must his monthly consumer credit debt be?
Hector a Maria have been married for almost one year now and are thinking about buying a house. Maria is an executive for a large, multi-national corporation with offices around the world. She has been told by her company that she will be transferred to a new location every three years. Hector is a car salesman and he is willing to move to wherever Maria gets transferred. Together they make $8,000 in gross monthly income and pay 40% in taxes and withholdings every month. Between them they have monthly payment of $400 in student loans and $700 in car loans, and their credit cards payments average $450 per month. They currently lease a luxury condo for $1,400 per month. They travel to Cancun every Christmas. Since they both work a lot of hours, they eat out at restaurants for most meals. They currently have nothing in savings but Hector's grandparents have said they will give them a 20% down payment for the new home. A) $531 B) $163 C) $417 D) $383