Riverton, inc. declares a small stock dividend of 8.0% of the outstanding shares of common stock. currently, riverton, inc. has 1,500,000 shares of $1 par value common stock outstanding. the current market price of the stock is $121.28 per share. riverton partners will record a stock dividend in the amount of: a. $ 1,300,000 b. $98,540,000 c. $13,613,600 d. $14,553,600 e. none of the above

If we know that a firm has a net profit margin of 4.6 %, total asset turnover of 0.62, and a financial leverage multiplier of 1.54, what is its roe? what is the advantage to using the dupont system to calculate roe over the direct calculation of earnings available for common stockholders divided by common stock equity?

Double corporation acquired all of the common stock of simple company for

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above