Heintz Corp

question 46

Multiple Choice

Heintz Corp.has just declared a 10% stock dividend.The company's pre-stock dividend common stockholders' equity was as follows:

If the common stock of Heintz was selling at $32 a share prior to the stock dividend, what will the retained earnings be after the stock dividend is distributed?

• A)$65,500,000
• B)$118,500,000
• C)$66,000,000
• D)$97,500,000

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Definitions:

Tell And Sell

A sales strategy where the seller provides information about the product's features and benefits and then attempts to persuade the customer to make a purchase.

Evaluation Interview

An evaluation interview is a formal discussion between a supervisor and an employee to review the employee's performance and set future goals.

Performance Standards

Benchmarks or criteria established to evaluate the effectiveness and efficiency of employees' work performance.

Performance Management

The ongoing process of communication and feedback between a supervisor and an employee to reach the organization's goals.