If Instead of a Stock Dividend, Your Firm Decided to Split

question 97

Multiple Choice

If instead of a stock dividend, your firm decided to split the stock 2-1, then the number of shares outstanding and their par value per share would be

• A) 1 million; $4.
• B) 1 million; $8.
• C) 2 million; $2.
• D) 2 million; $4.

Identify the primary accounting problems associated with accounts receivable.

Journalize transactions involving credit purchases and dishonored notes.

Measure the impact of credit card sales on company finances.

Discriminate between the direct write-off and allowance methods for estimating uncollectibles.

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Definitions:

Organizational Climate

The general perception or 'feel' of the workplace environment as perceived by employees, influenced by management practices, policies, and culture.

Stable

Characterizes something that is not likely to change or falter; having consistency or permanence.

Organizational Unfairness

Perceptions or experiences of inequity, bias, or injustice within a workplace or institution, often leading to dissatisfaction, demotivation, or conflict among employees.

Stress And Strain

In psychology, stress refers to the emotional and physical response to a demand or threat, while strain is the wear and tear the body experiences as a result of prolonged stress.