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10. Green, Inc, had 200,000 shares of common stock outstanding occurred and 800,000 shares outstanding after the stock split. The stock split was A) 1-for-8 B) 2-for-8. C) 4-for-1. D) 8-for-1. before a stock split 11. Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2014 are as follows: Units 200 100 100 Per unit price Total Balance, 1/1/2014 Purchase, 1/15/2014 Purchase, 1/28/2014 $5.00 5.30 5.50 $1,000 530 550 An end of the month (1/31/2014) inventory showed that 160 units were on hand. If the company uses LIFO, what is the value of the ending inventory? A) $868 B) $1,280 C) $800 D) $843 The information needed to determine whether a company is using accounting methods similar to those of its competitors would be found in the A) balance sheet. B) notes to the financial statements. C) auditor's report D) management discussion and analysis section. 12. 13. Financial information is presented below: $36,000 150,000 105,000 Operating expenses Sales revenue Cost of goods sold The gross profit rate would be A) .06. B) .30. C) 24 D) .70