Choice between a stock or a cash dividend
If you had a choice between a stock or a cash dividend, which would you choose? Both are equal to $800. Back up you opinion with reasons. Please don't just say "I would choose stock", why would you choose stock?
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On January 1, Pete bought a used a used turck for $14,000. He added a tool chest and side racks for ladders for $4,800. The truck is expectedc to last four years and then be sold for $800. Pete uses straight line depreciation.
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2011 March 31-Paid semiannual interest on the April 1 issue and amortized the premium applicable to the second half of second interest period.
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