Question 1: The stockholders equity section of Jun Companys balance sheet as of April 1 follows. On
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Question 1:The stockholders equity section of Jun Companys balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 10% stock dividend. The stocks per share market value on April 2 is $20 (prior to the dividend).
Common stock$5 par value, 375,000 shares authorized,200,000 shares issued and outstanding$1,000,000Paid-in capital in excess of par value, common stock600,000Retained earnings833,000Total stockholders' equity$2,433,000
Question2 :.Provide an example or two of where you believe that separation of duties within your workplace would be beneficial? Why
Question3:Does anyone have any experience with workplace fraud or dishonesty? Do you believe that Sarbanes-Oxley Act of 2002 (SOX) could have deterred the issue?
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