Please Provide answer to all questions:

1.

CBA Inc. has 250,000 shares outstanding. The shares were issued for $14. The stock is currently selling for $34. CBA has $5,000,000 in retained earnings and has declared a stock dividend that will increase the number of outstanding shares by 6%. What will be the common stock account after the stock dividend?

Multiple Choice

• $510,000

• $3,500,000

• $4,010,000

• $8,500,000

2.

Leveraged buyout activity has been limited in Canada because of:

Multiple Choice

• less resource-based firms.

• less widely held companies.

• government legislation.

• poor financial performance.

3.

In 2008 the world dealt with the most dramatic financial crisis since the depression and bank failures of the 1930's. This crisis occurred because of all the following except:

Multiple Choice

• increased leverage based on increasing property values in the subprime mortgage business.

• financial institutions accepted questionable credit instruments.

• there was a lack of effective oversight by the regulatory bodies.

• an increase in global interest rates.