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Serjik [45]
3 years ago
7

A company with 100,000 authorized shares of $7 par common stock issued 46,000 shares at $16. Subsequently, the company declared

a 2% stock dividend on a date when the market price was $30 per share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend
Business
1 answer:
liq [111]3 years ago
4 0

Answer:

$27,600

Explanation:

Amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend:

= Shares issued * Percentage of stock dividend * Market price

= 46,000 shares * 2% * $30

= 46000*0.02*$30

= $27,600

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4 years ago
. What statement is relevant to why business marketers consider the buying center model challenging? A large number of participa
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<em>It requires marketers to learn about all of the participants and their relative influence on the decision. </em>

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4 years ago
A company purchased inventory for $74,000 from a vendor on account, FOB shipping point, with terms of 3/10, n/30. The company pa
marysya [2.9K]

Answer:

Cost of inventory =$73,280

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8 0
3 years ago
If a monopolistically competitive firm raises its price, it a. loses all of its customers (sales drop to zero) as your answer lo
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Answer:

c. loses some, but not all, of its customers as your answer loses some, but not all, of its customers

Explanation:

In a monopolistically competitive product is a product that has competition in the market, but that are not quite the same product, meaning they can´t be exactly replaced by a cheaper or different brand, when a company like that rises its prices, it eventually ends up loosing some clients, but not all, because of the loyal clients and those that can´t or won´t change brands, a good example of a monopolistically competitive firm, would be Apple, which has a loyal base of costumers that eventhough prices of apple products have been rising are still loyal, they are loosing some customers to other brands but not all of them.

8 0
3 years ago
What can a speaker do to ensure that they are respectful of their audience, especially when speaking to a skeptical audience or
ololo11 [35]

ANSWER

Always state the facts pertaining to your speech.  

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Never bash or be bias.  

Remain objective.  

Have respect for the people and their values as well as beliefs .

Explanation:

8 0
3 years ago
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