Reds Corporation issues bonds with a face value totaling $1,000,000. If the bonds are issued at a premium, Multiple Choice the market interest rate is greater than the stated interest rate the stated interest rate and the market interest rate are the same the stated interest rate is greater than the market interest rate there is no relationship between the stated interest rate and the market interest rate Which of the following is not true about a 2-for-1 stock split? Multiple Choice Total contributed capital increases The market price will decrease A stockholder with 100 shares before the split owns 200 shares after the split The market price will decrease. A stockholder with 100 shares before the split owns 200 shares after the split Par value per share is reduced to half of what it was before the split Total stockholders' equity stays the same. Dividends in arrears may be related to which of the following stock(s)? Multiple Choice Common Stock Treasury Stock Cumulative Preferred Stock Norcumulative Preferred Stock Treasury Stock Cumulative Preferred Stock Noncumulative Preferred Stock both cumulative and noncumulative Preferred Stock. Zoom, Inc. makes a sale for $600. The company is required to collect sales taxes amounting to 5%. The journal entry to record the sale will include a Multiple Choice credit to Sales Revenue for $630, credit to Sales Revenue for $600 Credit to Cath for $630 debt to Ses Tax Payable for $30