The most successful job candidates seek to transform themselves from the unknown into known quantities through networking.
<h3>What is meant by networking?</h3>
Networking, usually referred to as computer networking, is the process of moving data between nodes in an information system through a common media.
The most successful job hopefuls aim to use networking to go from being unknown to becoming a known quantity.
A computer network consists of two or more computers connected through cables (wired) or WiFi (wireless) for the transfer, exchange, or sharing of information and resources.
The goal of networking is to meet new people friends, acquaintances in related fields, and perhaps business partners. You can advance swiftly in your profession with these new connections. It becomes obvious why networking is such a great tool, not only for extroverts, when you put it that way.
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Answer:
Total Stockholders' equity was affected.
Explanation:
Stock dividend refers to distributing shares free of cost among the existing shareholders. Such a dividend does not result in resources flowing out of the entity but merely reassign amounts from retained earnings to other equity accounts. Thus, such a dividend does not affect the total equity of the stockholders. This can be seen through the following entry,
Retained Earnings $1,800,000 Dr
Common Stock, at par $1,200,000 Cr
Paid in Capital in excess
of par, Common Stock $600,000 Cr
The above transaction shows that we just redistributed the reserves by reducing retained earning by the value of stock dividend 1800000 [( 800000*0.15) * $15] and adding it to the Common Stock 1200000 [(800000*0.15) * 10] and to paid in capital in excess of par 600000 [(800000*0.15) * 5].
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