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777dan777 [17]
3 years ago
5

January 1, Edison Corporation had 1,000,000 shares of $10 par value common stock outstanding. On March 31, the company declared

a 20% stock dividend. Market value of the stock was $18/share. As a result of this event,A. Edison's Paid-in Capital in Excess of Par account increased $1,600,000.B. Edison's total stockholders' equity was unaffected.C. Edison's Stock Dividends account increased $3,600,000.D. All of these answers are correct.
Business
1 answer:
aleksandr82 [10.1K]3 years ago
3 0

Answer:

D All of these answers are correct.

Explanation:

Given that the corporation had 1,000,000 shares of $10 par value common stock outstanding. On March 31, the company declared a 20% stock dividend. Market value of the stock was $18/share. As a result of this event

Paid-in Capital in Excess of Par = 1000000*20%*(18-10) = 1600000

Stock dividend = 1000000*20%*18= 3600000

Edison's total stockholders' equity was unaffected because increase in Stock dividend leads to decrease in retained earnings by the same amount.

Answer is option D All of these answers are correct.

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According to a book by a Harvard Business School professor, some organizational cultures simply cannot meet the challenges posed
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A) Adaptability

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4 0
4 years ago
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A phenotypically non-bald woman and a bald man produce four bald sons and a non-bald daughter. What are the most likely genotype
Vera_Pavlovna [14]

Answer:

b. bb and BB

Explanation:

For example, pattern of baldness is dominant in man and recessive in female. This is because the gene for baldness (B) in heterozygous state (Bb) expresses itself in male but not in female. It means gene B for baldness behaves as a dominant in male and as a recessive in female. In man due to influence of male sex hormone, a single gene for this trait can cause loss of hair.

But in woman (due to the absence of the male sex hormone) two genes are required to produce baldness.

BB or Bb = Bald in males

bb = not bald in male

BB = Bald in females

Bb or bb = not bald in females

Non-bald womam (bb; XX) x Bald man (BB; XY)

                       XB                                              BY

Xb     XX; Bb (non-bald daughter)          XY; Bb (bald son)

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4 years ago
Which of these is NOT an example of discharge for cause?
Shalnov [3]

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felonious conduct?

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.........

3 0
3 years ago
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