Similar to a stock split, a stock <u>dividend</u> also distributes additional shares of stock to existing stockholders on a pro rata basis at no cost to the stockholders.
A stock split is a decision made by the board of directors of a firm to issue more shares to present owners in order to increase the number of shares outstanding.
A stock split is a division of issued shares in a ratio determined by the company, whereas a stock dividend is a dividend paid in the form of extra shares. While in a stock split, already issued shares are divided in accordance with a predetermined ratio, a stock dividend gives stockholders extra shares.
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Answer:
Conversion cost= $58,300
Explanation:
Giving the following information:
Direct labor $ 29,000
Manufacturing overhead $ 29,300
<u>The conversion costs are the sum of the direct labor and manufacturing overhead:</u>
Conversion cost= direct labor + Manufacturing overhead
Conversion cost= 29,000 + 29,300
Conversion cost= $58,300
Answer: (D) Clan culture
Explanation:
The clan culture is one of the type of friendly type corporate environment in an organization and it is also known as collaborative culture. Clan culture is one of the element of corporate clan culture model.
There are many types of advantage of clan culture in an organization are as follows:
- Clear communication
- Increase in company productivity
- Increase in organization growth
According to the question, Jason and the Jill are the owner of the company an they always encourage and also motivate their employees. They also try to increase the job satisfaction among the employees and they try to built the clan culture in the company.
Therefore, Option (D) is correct.
Answer:
The finance charge
Explanation:
The finance charge is the total cost incurred when borrowing money, including interest amount and all other fees. It is the extra money paid on top of the borrowed amount. The finance charge may be a flat fee or a percentage of the principal amount.
The finance charge represents the expense incurred for using credit. The finance charge is an important consideration when choosing a preferred lender.
