A company with 94,000 authorized shares of $8 par common stock issued 49,000 shares at $13. Subsequently, the company declared a 2% stock dividend on a date when the market price was $35 per share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?

If the supply of aisle seats and middle seats on an airplane is the same, but the demand for aisle seats is greater than the demand for middle seats, then the equilibrium price of aisle seats will be less than the equilibrium price of middle seats. true false

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?