Eastline corporation had 10,000 shares of $10 par value common stock outstanding when the board of directors declared a stock dividend of 3,000 shares. at the time of the stock dividend, the market value per share was $12. the entry to record this dividend is:

a. debit retained earnings $36,000; credit common stock dividend distributable $36,000.
b. debit retained earnings $36,000; credit common stock dividend distributable $30,000; credit paid-in capital in excess of par value, common stock $6,000.
c. debit common stock dividend distributable $36,000; credit retained earnings $36,000.
d. debit retained earnings $30,000; credit common stock dividend distributable $30,000.
e. no entry is needed.

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.