Question: please mark all the answer no explanation required 2) Heintz Corp. has just declared a 10% stock dividend. The company's pre-stock dividend common stockholders' equity
please mark all the answer no explanation required
2)
Heintz Corp. has just declared a 10% stock dividend. The company's pre-stock dividend common stockholders' equity was as follows:
| Common stock ($0.50 par, 10,000,000 shares) | $ 5,000,000 |
| Contributed capital in excess of par | $ 48,000,000 |
| Retained earnings | $ 97,500,000 |
| Total common stockholders' equity | $150,500,000 |
If the common stock of Heintz was selling at $32 a share prior to the stock dividend, what will the retained earnings be after the stock dividend is distributed?
| a. | $97,500,000 | |
| b. | $118,500,000 | |
| c. | $66,000,000 | |
| d. | $65,500,000 |
4)
An operating lease is often referred to as a:
I. service lease
II. maintenance lease
| a. | Only statement I is correct. | |
| b. | Only statement II is correct. | |
| c. | Both statements I and II are correct. | |
| d. | Neither statement I nor II is correct. |
5)
Negotiated short-term credit sources are all except which of the following?
| a. | inventory loans | |
| b. | commercial paper | |
| c. | trade credit | |
| d. | bank credit |
6)
When the level of working capital is increased, which of the following is not expected to occur?
| a. | profitability decrease | |
| b. | profitability increase | |
| c. | risk decrease | |
| d. | None of these choices are correct. |
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