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:

Increased Job Creation

The process of generating more employment opportunities within an economy or a specific sector.

Competitive Advantage

The unique attributes or circumstances that allow an organization to outperform its competitors.

Tangible Assets

Refers to physical and material assets that an organization owns, such as buildings, machinery, and inventory.

Human Capital

The sum of employees' knowledge, skills, experience, and commitment invested in the organization.