Identity (by letter) each of the following characteristics as being an advantags, a di the corporate form of business organization 10. sadvantage, or not applicabie to A-Advantage D- Disadvantage N-Not Applicable Characteristics 1. Separate legal entity 2. Taxable entity resulting in additional taxes 3. Continsous life 4. Unlimited liability of owners Government regulation 5, 6. Separation of ownership and management -7. Ability to acquire capital 8. Ease of transfer of ownership 11. Which of the following show the proper effect of a stock split and a stock dividend? Stock Dividend Increase Decrease Increase No change Item Stock Split a Total paid-in capital -Increase Decrease Decrease b. c. d. Total retained earnings Total par value (common) Par value per share Decrease 12. Elis Corporation had net income of S500,000 and paid dividends of $100,000 to common stockholders and $20,000 to preferred stockholders in 2014. Ellis Corporation's common stockholders' equity at the beginning and end of 2014 was $1,740,000 and $2.260,000, respectively. There are 400,000 weighted-average shares of common stock outstanding. Ellis Corporation's earnings per share for 2014 was a. $6.20. b. $1.20. c. $1.25. d. $5.00