P14-9: stock dividend: firm columbia paper has the following stockholders’ equity account. the firm’s common stock has a current market price of $30 per share. a. show the effects on columbia of a 5% stock dividend. b. show the effects of (1) a 10% and (2) a 20% stock dividend. c. in light of your answers to parts a and b, discuss the effects of stock dividends on stockholders’ equity.

Partnerships are the most common type of business firms in the world. t/f

1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period