Smith Enterprises Declares a 4-1 Stock Spilt

question 83

Multiple Choice

Smith Enterprises declares a 4-1 stock spilt.If you own 600 shares of Smith stock,how many share do you own after the split?

• A) 600
• B) 150
• C) 2400
• D) 1200

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Definitions:

Job Cost Sheet

A document used to record the costs associated with a specific job or project, tracking materials, labor, and overhead.

Unit Cost

The cost incurred to produce, store, or acquire one unit of a product or service.

Cost of Goods Sold

The direct costs attributable to the production of goods sold by a company, including material and labor expenses.

Time Ticket

A document that indicates the employee, the hours worked, the account and job to be charged, and the total labor cost.