APU ACCT300 week 7 quiz 7 final

Jun 23rd, 2016
Studypool Tutor
Price: $30 USD

Tutor description

Question Question 1 of 40 2.5 Points In using the total cost concept of applying the cost-plus approach to product pricing, only profit is covered in the markup. True False Question 2 of 40 2.5 Points What is the effect of a stock dividend on the balance sheet? A. Decrease total assets and decrease total stockholders’ equity B. Decrease total assets and increase total stockholders’ equity C. Increase total liabilities and decrease total stockholders’ equity D. No effect on total assets, total liabilities, or total stockholders’ equity Question 3 of 40 2.5 Points Hodges, Inc. had the following assets and liabilities as of September 30, 2013: Assets - $56,327 and Liabilities - $28,416. If assets increased by $3,914 and equity increased by $2,290 during October, what is the increase or decrease in liabilities of Hodges as of October 31, 2013? A.($1,624) B.$1,624 C.$6,204 D.($6,204) Question 4 of 40 2.5 Points In computing the rate earned

Word Count: 1596
Showing Page: 1/8
APU ACCT300 week 7 quiz 7 finalQuestionQuestion 1 of 402.5 PointsIn using the total cost concept of applying the cost-plus approach to product pricing, only profitis covered in the markup.TrueFalseQuestion 2 of 402.5 PointsWhat is the effect of a stock dividend on the balance sheet?A. Decrease total assets and decrease total stockholders equityB. Decrease total assets and increase total stockholders equityC. Increase total liabilities and decrease total stockholders equityD. No effect on total assets, total liabilities, or total stockholders equityQuestion 3 of 402.5 PointsHodges, Inc. had the following assets and liabilities as of September 30, 2013: Assets - $56,327and Liabilities - $28,416. If assets increased by $3,914 and equity increased by $2,290 duringOctober, what is the increase or decrease in liabilities of Hodges as of October 31, 2013?A.($1,624)B.$1,624C.$6,204D.($6,204)Question 4 of 402.5 PointsIn computing the rate earned on total assets, interest expense is added to net income beforedividing by average total assets.A. TrueB. FalseQuestion 5 of 402.5 PointsCash dividends are not paid on shares of treasury stock.A. TrueB. FalseQuestion 6 of 402.5 PointsEarnings per common share is one factor that influences the decision to use debt financing orequity financing.A. TrueB. FalseQuestion 7 of 40Which of the following is a reason to undergo a reverse stock split?A. To reduce the stocks market price per share

Review from student

Studypool Student
" Excellent work as always thanks so much "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1824 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors