You Can Click the Distribute Rows Evenly or Distribute Columns

question 69

True/False

You can click the Distribute Rows Evenly or Distribute Columns Evenly buttons on the Tables toolbar to make all rows and columns the same height or width.

Recognize the differences between small and large stock dividends and their respective accounting treatments.

Analyze the impacts of stock dividends on the marketability and market price of the corporation's stock.

Understand the role and effect of retained earnings, including restrictions and adjustments, in dividend distributions.

Identify and calculate the effects of stock splits on a company's financial statements.

---

Definitions:

Ending Inventory

The total cost of all the inventory a business has in stock at the end of an accounting period.

Inventory Costing Methods

These are accounting approaches to determine the value of inventory on hand and the cost of goods sold, including methods like FIFO (First-In, First-Out) and LIFO (Last-In, First-Out).

Weighted-average

A calculation that takes into account both the quantity and the significance of the items being averaged.

FIFO

A cost flow assumption for inventory and financial accounting where the first goods purchased or produced are the first to be sold.