Business, 07.05.2021 05:00, jadkins842
Novak Corp. has had 4 years of net income. Due to this success, the market price of its 300,000 shares of $5 par value common stock has increased from $11 per share to $54. During this period, paid-in capital remained the same at $4,290,000. Retained earnings increased from $1,790,000 to $12,900,000. President E. Rife is considering either a 17% stock dividend or a 2-for-1 stock split.
He asks you to show the before-and-after effects of each option on
a. retained earnings,
b. total stockholders' equity, and
c. par value per share.
Answers: 2
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Congressman patrick indicates that he is opposed to tax proposals that call for a flat tax rate because the structure would not tax those individuals who have the ability to pay the tax. discuss the position of the congressman, giving consideration to tax rate structures (e. g., progressive, proportional, and regressive) and the concept of equity.
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Ineed the answer today! explain how inflation can be built into the system
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Novak Corp. has had 4 years of net income. Due to this success, the market price of its 300,000 shar...
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