Raptor inc. has retained earnings of $500,000 and total stockholders' equity of $2,000,000. it has 100,000 shares of $8 par value common stock outstanding, which is currently selling for $30 per share. what will occur if raptor declares a 10% stock dividend on its common stock?

a. net income will decrease by $80,000.
b. retained earnings will decrease by $80,000 and total stockholders' equity will increase by $80,000.
c. retained earnings will decrease by $300,000 and total stockholders' equity will increase by $300,000.
d. retained earnings will decrease by $300,000 and total paid-in capital will increase by $300,000.

Materials purchases (on credit). direct materials used in production. direct labor paid and assigned to work in process inventory. indirect labor paid and assigned to factory overhead. overhead costs applied to work in process inventory. actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) transfer of jobs 306 and 307 to finished goods inventory. cost of goods sold for job 306. revenue from the sale of job 306. assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions.

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were: