Madewell Corp. has 100,000 shares outstanding. On March 3, it declared a 100% stock dividend, when its share price was $15. As a result of this stock dividend, retained earnings is

increased by $1,500,000

decreased by $100,000

increased by $100,000

decreased by $1,500,000

On September 30, 2015, Alcor, Inc. received cash of $5,000 for work that Alcor will perform in October. Which of the following statements is correct

		liabilities are decreased by $5,000 in September
		net income is decreased by $5,000 in October
		liabilities are increased by $5,000 in September
		liabilities are increased by $55,000 in September

Fink Co. has the following info available from its accounting records:

• shares outstanding, Jan/1/13 = 1,000
• shares outstanding, Dec/31/13 = 2,000
• net income for 2013 = $55,000
• shareholders equity, Jan/1/13 = $40,000
• shareholders equity, Dec/31/13 = $60,000

What is the return on equity ratio for Fink Co for the year?

		1.38
		1.1
		1.19
		.09

Roxy Racing has the following information available from its accounting records:

• Common shares outstanding, Jan/1/12 = 5,000,
• Common shares outstanding, Dec/31/12 = 15,000
• Net income for 2012 = $30,000
• Shareholders equity, Jan/1/12 = $80,000
• Shareholders equity, Dec/31/12 = $300,000

What is the earnings per share value for the year?

		$6
		$2
		$10
		$3