Which of the Following Occurs When the Board of Directors

question 132

Multiple Choice

Which of the following occurs when the board of directors declares a 3-for-1 stock split on 20,000 outstanding shares of $25 par common stock?

• A) The par value of the stock remains the same.
• B) The par value of the stock increases to $50 per share.
• C) The number of outstanding shares remains at 20,000.
• D) The number of outstanding shares increases to 60,000.

Master strategies to achieve specific supply chain metrics like fill rate and expected shortage per replenishment cycle.

Understand the impact of supply uncertainty reduction on safety inventory requirements.

Grasp the concept of postponement in supply chain management.

Comprehend the conditions that lead to shortages in replenishment cycles.

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Definitions:

Cost Object

Any item for which a separate measurement of costs is desired, such as products, services, projects, customers, or activities.

Motor Vehicles

Wheeled transportation vehicles powered by an internal combustion engine or electric motors, used for the conveyance of people or goods.

Finished Goods Inventory

The stock of completed products that are ready to be sold but have not yet been purchased by consumers or clients.

Cost Of Goods Sold

The immediate expenses directly related to the manufacture of products a company sells, such as raw materials and workforce costs.