Dolanski Company declares and distributes a 40% common stock dividend when it has 50,000 shares of $10 par common stock outstanding. The market price per share is $ 40 at the date of declaration. Which journal entry is prepared?

A. debit Retained Earnings $ 800,000, credit Paidminusin Capital in Excess of Parlong dashCommon $500,000
B. debit Retained Earnings $ 200,000 and credit Common Stock $ 200,000
C. debit Retained Earnings $ 800,000, credit Common Stock $ 200,000 and credit Paidminusin Capital in Excess of Parlong dashCommon $ 600,000
D. debit Retained Earnings $ 800,000 and credit Common Stock $ 800,000

Employers hiring for entry-level positions in hospitality and tourism expect workers to

Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.

Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622