Answer:
As a result of this stock dividend, Sheldon's common stock will increase by $900,000, the additional paid in capital will not change, and the retained earnings will decrease by $900,000
Explanation:
Stock dividend is paying dividends by issuing additional stocks to shareholders.
In this case,50,000 shares were issued instead of paying cash dividends.
The stock dividend is financed from retained earnings and the amount involved is $900,000(50000*$18).
However,common stock would witness an increase of $900,000 by a way of credit and retained earnings would reduce by the same amount with no impact in the paid in capital in excess of par since the par value of the stock was not provided,hence it is no par value stock.
Answer:
A. Joint Interoperability Test Command (JITC)
Explanation:
The Joint Interoperability Test Command (JITC) is a wing of the United States Department of Defense that tests and certifies information technology products for military use. JITC provides risk based Test, Evaluation & Certification services, tools, and environments to ensure Joint War-fighting IT capabilities are interoperable and support mission needs.
From this description, Barkbuddy has decided its mission. Barkbuddy has decided their mission. A mission is what a company decides to focus on and their reason/purpose for existing. Barkbuddy hopes to link those who want to adopt with their forever furry friend to bring home. By setting a mission statement, Barkbuddy is more likely to stay focused on their goal and why they are in operation.
Answer:
10 units;
50 units.
Explanation:
The revenue function is given by the price function multiplied by the number of units sold (x).
The break even point occurs when Revenue equals costs:
Therefore, the smallest number of units required for the company to break even is 10 units.
Maximum profit will be achieved at that number of units for which the derivate of the profit function is zero:
The number of units that will give maximum profit is 50.
