Common stock ($10 par value, 74,500 shares issued and outstanding) $745,000 paid-in capital in excess of par value 489,500 retained earnings 695,000 during the year, the following transactions occurred. jan. 15 declared a $0.60 cash dividend per share to stockholders of record on january 31, payable february 15. feb. 15 paid the dividend declared in january. apr. 15 declared a 10% stock dividend to stockholders of record on april 30, distributable may 15. on april 15, the market price of the stock was $12 per share. may 15 issued the shares for the stock dividend. dec. 1 declared a $0.70 per share cash dividend to stockholders of record on december 15, payable january 10, 2023. dec. 31 determined that net income for the year was $369,000.

When borrowers want funding to pay for different projects, they go to the loanable funds market and acquire funds through either indirect finance or direct finance. below, you are given five different scenarios. is each an example of direct finance or indirect finance?

On december 31, 2011, daggett company issued $750,000 of ten-year, 9% bonds payable for $700,353, yielding an effective interest rate of 10%. interest is payable semiannually on june 30 and december 31. prepare journal entries to reflect (a) the issuance of the bonds, (b) the semiannual interest payment and discount amortization (effective interest method) on june 30, 2012, and (c) the semiannual interest payment and discount amortization on december 31, 2012. round amounts to the nearest dollar.

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.