On october 1, 2018, nicklaus corporation receives permission to replace its $1 par value common stock (6,000,000 shares authorized, 4,000,000 shares issued, and 3,800,000 shares outstanding) with a new common stock issue having a $.50 par value. since the new par value is one-half the amount of the old, this represents a 2-for-1 stock split. that is, the shareholders will receive two shares of the $.50 par stock in exchange for each share of the $1 par stock they own. the $1 par stock will be collected and destroyed by the issuing corporation.
on november 1, 2018, the nicklaus corporation declares a $0.20 per share cash dividend on common stock and a $0.37 per share cash dividend on preferred stock. payment is scheduled for december 1, 2018, to shareholders of record on november 15, 2018. on december 2, 2018, the nicklaus corporation declares a 2% stock dividend payable on december 28, 2018, to shareholders of record on december 14. at the date of declaration, the common stock was selling in the open market at $10 per share. the dividend will result in 152,000 (0.02 × 7,600,000) additional shares being issued to shareholders. required: 1. prepare journal entries to record the declaration and payment of these stock and cash dividends.

Consider the local telephone company, a natural monopoly. the following graph shows the monthly demand curve for phone services and the company’s marginal revenue (mr), marginal cost (mc), and average total cost (atc) curves. 0 2 4 6 8 10 12 14 16 18 20 100 90 80 70 60 50 40 30 20 10 0 price (dollars per subscription) quantity (thousands of subscriptions) d mr mc atc 8, 60 suppose that the government has decided not to regulate this industry, and the firm is free to maximize profits, without constraints. complete the first row of the following table. pricing mechanism short run long-run decision quantity price profit (subscriptions) (dollars per subscription) profit maximization marginal-cost pricing average-cost pricing suppose that the government forces the monopolist to set the price equal to marginal cost. complete the second row of the previous table. suppose that the government forces the monopolist to set the price equal to average total cost. complete the third row of the previous table. under average-cost pricing, the government will raise the price of output whenever a firm’s costs increase, and lower the price whenever a firm’s costs decrease. over time, under the average-cost pricing policy, what will the local telephone company most likely do

Which statement best describes the variety of workplaces commonly found in the health science career cluster? a. workplaces in this cluster include healthcare facilities such as hospitals, physician offices, and clinics. b. workplaces in this cluster include healthcare facilities, laboratories, and other environments such as offices or homes. c . workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices. d. workplaces in this cluster include private and nonprofit hospitals and clinics, and dentists' offices.

Trey morgan is an employee who is paid monthly. for the month of january of the current year, he earned a total of $4,538. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year, and the fica tax rate for medicare is 1.45% of all earnings for both the employee and the employer. the amount of federal income tax withheld from his earnings was $680.70. his net pay for the month is .