Centurion Alarms Recently Declared a 10 Percent Stock Dividend Centurion's Stock Currently Sells for $4 Per Share

question 24

Multiple Choice

Centurion Alarms recently declared a 10 percent stock dividend. Prior to the stock dividend, the equity section on Centurion's balance sheet was:


$\begin{array}{lr}\text { Common stock ( } 100,000 \text { shares outstanding, \$1 par value) } & \$ 100,000 \\\text { Additional paid-in capital } & 60,000 \\\text { Retained earnings } & \underline{90,000} \\\text { Total common shareholders' equity } & \underline{\$ 250,000}\end{array}$


Centurion's stock currently sells for $4 per share. After the stock dividend is paid, the amount in the Common stock account should be _______ and the amount in the Retained earnings account should be ______. 

• A)$110,000; $50,000
• B)$100,000; $90,000
• C)$140,000; $50,000
• D)$100,000; $50,000
• E) $90,000; $110,000

Explain the significance of gear ratios and their impact on vehicle performance.

Understand the principles and application of countershafts in transmission systems.

Identify driving techniques appropriate for different types of truck transmissions.

Recognize the mechanical implications of gear rotation directions and configurations.

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Definitions:

Confidence Interval

An estimate expressed as a range that likely contains a population parameter, characterized by a lower and upper bound computed from sample data.

Two Population Means

A statistical comparison between the mean values of two distinct groups or populations.

Sample Means

The arithmetic averages derived from multiple subsets of a population, reflecting the central tendency of each subset.

Population Means

The mean values calculated from the entirety of specified populations.