Question: Doug & Beatie's Inc., a large, private company, declared and distributed a 33% percent stock dividend to its shareholders. If Doug & Beatie's Inc.

Doug & Beaties Inc., a large, private company, declared and distributed a 33% percent stock dividend to its shareholders. If

Doug & Beatie's Inc., a large, private company, declared and distributed a 33% percent stock dividend to its shareholders. If Doug & Beatie's Inc. had instead done a stock split, which of the following stock splits would have had the same effect as the fifty percent stock dividend on the number of Doug & Beatie's Inc. shares outstanding? Multiple Choice 4 for 3 2 for 1 5 for 4 None of the other alternatives are correct 3 for 2

Step by Step Solution

★★★★★

3.40 Rating (147 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Correct answer is last option 3 for 2 After 3 for 2 stock splits every holder ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Multiple Choice Questions 1. Which of the following accounts would not appear in a closing entry? a. Interest Income b. Accumulated Depreciation c. Retained Earnings d. Salary Expense 2. Which...

Multiple Choice Questions 1. Which of the following represents sampling risk? a. Improperly assessing the risk of material misstatement b. Testing the wrong population to achieve the audit objective...

Multiple Choice Questions: 1. Which of the following is most likely a topic of discussion in macroeconomics? a. An increase in the price of a pizza b. A decrease in the production of VCRs by a...

JC Clouston Limited reported the following items in shareholders equity on December 31, 2020: Share capital: Preferred shares, 6% cumulative, 525,000 shares issued and outstanding .................

Kosmier Company has outstanding 500,000 shares of $50 par value common stock that originally sold for $60 per share. During the three most recent years, the company carried out the following...

Eddie Edwards Limited, a public company, was formed on January 2, 2011, with the following authorized capital structure: Preferred shares: No par value, $\$ 1.00$ per share quarterly cumulative...

Stockholders Equity Transactions The following events and transactions occurred with respect to Wilma Corporation: 2001 1. Wilma Corporation became chartered on January 1, 2001, and was authorized to...

The 2015 annual report of Software City, Inc., included the following comparative summary of earnings per share over the last three years: In 2016, Software City, Inc., declared and distributed a 100...

Akaman Auto, Inc., is authorized to issue 600,000,000 shares of $10 par common stock. The company issued 70,000 shares at $12 per share, and all 70,000 shares are outstanding. When the market price...

Flatfish Limited reported the following items in shareholders equity on December 31, 2024: Required a. No dividends were declared in 2022 or 2023; however, in 2024, cash dividends of $5 million were...

You have a present value of $432, future value of $896, and 10 years as the number of periods. What is the interest rate?

The expected annual returns are 15% for investment 1 and 12% for investment 2. The standard deviation of the first investments return is 10%; the second investments return has a standard deviation of...

Which of the following is a possible finding of which managers may use data analytics?O To enhance strategy formulationO To reduce the number of internal controls a company employsO To turn...

Write an essay on Health Care in which described about the following headings and also answer the following questions. Cost, Access, and Quality An understanding of health care cost, access to care,...

Based on a rate of 3% per quarterly period. With which equal payments at the end of 2 years and at the end of 5 years, it is possible to replace the following obligations: s /. 12 000.00 with...

Texas Rotisserie Chicken Ltd. sells pre-packed food. The company needs to know how many packs of Caesar salad to have at hand each day. Each pack costs 2.40 and is sold to customers for 3.10....

2Cr + 3C02+ 2Cr* + 3Co In the above redox reaction, use oxidation numbers to identify the element oxidized, the element reduced, the oxidizing agent and the reducing agent. name of the element...

Dick is prosecuted for murdering his wife, Vera. At trial, the prosecution presents evidence that the victim died from ingesting a large quantity of bitter almonds. The defense calls a toxicologist...

Doug & Beatie 's Inc., a large, private company, declared and distributed a 33% percent stock dividend to its shareholders. If Doug & Beatie' s Inc. had instead done a stock split, which of the...

Doug & Beatie's Inc., a large, private company, declared and distributed a twenty percent stock dividend to its shareholders. If Doug & Beatie's Inc. had instead done a stock split, which of the...

Doug & Beatie's Inc., a large, private company, declared and distributed a fifty percent stock dividend to its shareholders. If Doug & Beatie's Inc. had instead done a stock split, which of the...

10-K Ford Motor Company Review Ford Motor Company's Form 10-K for 2012. Explain the purpose of a company?s 10-K and how it interprets the firm?s financial strength. Write a description of three...

Hello m friend We worked together before. Please help me in this quiz ! I will include a study materials to help you answer it Thanks in advance ACCT1040 - Quiz #4 (Spring 2017) - Kathy Faber Version...