Doug Graves Cemetery had 50,000 shares of common stock issued and outstanding at January 1, 2021. During 2021, Graves took the following actions: June 1 Declared a 2-for-1 stock split, when the fair value of the stock was $25 per share. October 15 Declared a $0.40 per share cash dividend. In Graves's statement of shareholders' equity for 2021, what amount should Graves report as dividends? Multiple Choice O $90,000 O $20,000 O $60,000 O $40,000
If Doug Graves Cemetery had 50,000 shares of common stock issued and outstanding at January 1, 2021. The amount that Graves should report as dividends is: D. $40,000.
How to find the dividend?First step is to find the number of shares after the 2-for-1 stock split
Number of shares after the 2-for-1 stock split = 50,000 × 2
Number of shares after the 2-for-1 stock split = 100,000 shares
Now let find the amount of dividend to report
Amount of dividend to report = 100,000 × $0.40
Amount of dividend to report = $40,000
Therefore the correct option is D.
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T/F In the past it was common for the marketing function and PR function to be handled by different departments in a firm.
Answer:
True
Explanation:
Click _____ occurs when a person or software program automatically clicks on an ad without having any interest in the ad's subject.
Click fraud occurs when a person or software program automatically clicks on an ad without having any interest in the ad's subject.
Fraud is any activity that relies on deception for profit. Fraud is a crime when it involves "deliberately misrepresenting the truth or concealing material facts so as to induce others to act prejudicially" (Black's Law Dictionary).
Criminal fraud is a crime in which another person or entity is deceived or deceived in order to obtain financial or similar benefits. This is considered an economic crime.
Perpetrators of fraud are typically experienced employees colluded with others inside and outside the company, according to KPMG's report, Fraudster Profiles. Scammers typically hold managerial or managerial positions and have no criminal record.
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Which of the following actions is unlikely to help make a company's branded footwear more competitive vis-a-vis the brands of rival firms? A) Increasing worker compensation to levels above the industry average in every geographic region where it has a production facility B) Increasing brand advertising expenditures in two or more geographic regions Increasing the company's mail-in rebate offer from $3 to $5 C) Boosting the number of models/styles available to buyers from 250 to 350 D) Reducing the prices the company charges for its branded footwear in both the Internet and Wholesale segments
Putting resources into plant moves up to lessen the oddball rates at every one of the organization's plants. The company will not be able to increase its market competitiveness by investing in plant upgrades.
The majority of the footwear industry is made up of brands like Nike, Reebok, Adidas, and Puma. Basketball shoes, running shoes, and soccer shoes are just a few examples of specialized segments of this market where performance is the primary consideration.
However, some customers think fashion is important, which has put the footwear industry in a creative phase where performance and fashion are combined to create a new mix known as the lifestyle division. Because Nike and Adidas compete for mind share, or the attention of consumers, they use marketing strategies like brand ambassadors, product proliferation, and price to their advantage.
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