An __________ is a set of one or more interconnected BSSs and integrated LANs that appear as a single BSS to the LLC layer at any station associated with one of these BSSs

Challenger Corporation currently has 120,000 shares outstanding of $1 par value common stock

The stock was originally issued for $12 per share. On March 15, the board of directors declares and distributes a 10% stock dividend when the stock is selling for $16 per share. Prepare the journal entry to record the stock dividend. What will be an ideal response

Parker, Inc has a cash balance of $20,000 on April 1

The company is now preparing the cash budget for the second quarter. Budgeted cash collections and payments are as follows: Apr May Jun Cash collections $24,000 $24,000 $24,000 Cash payments: Purchases of direct materials 6,000 5,800 5,000 Operating expenses 3,500 5,000 4,600 There are no budgeted capital expenditures or financing transactions during the quarter. Based on the above data, calculate the projected cash balance at the end of April. A) $44,000 B) $34,500 C) $24,000 D) $38,000