Prezario's Has 25,000 Shares of Stock Outstanding with a Par

question 46

Multiple Choice

Prezario's has 25,000 shares of stock outstanding with a par value of $1 per share.The current market value of the firm is $847,000.Currently,the retained earnings account balance is $428,000 and the capital in excess of par value account balance is $187,000.The company just announced a 3-for-1 stock split.What is the common stock account balance after the stock split?

• A)$8,333
• B)$25,000
• C)$75,000
• D)$77,333
• E)$232,000

Recognize the emergence of new forms of media and their role in shaping public opinion and political discourse.

Understand the basic characteristics and problems of centrally planned economies.

Identify the role of innovation and the reasons for its lag within centrally planned economies.

Grasp the concept of the circular flow model and the roles of households and businesses within it.

---

Definitions:

Kilobytes

A unit of digital information equal to 1,024 bytes, used to measure the size of data files and storage capacity.

Cloud

A technology enabling access to computing resources, like servers, storage, and applications, over the internet rather than from local hardware.

Internet

A vast network of computers connected globally that facilitates data exchange, communication, and access to information.

Offsite Location

A location that is physically separate from the main site of business, often used for backup, storage, or remote work arrangements.