A retailer's average monthly sales are $50,000 . If January's monthly sales are $60,000, January's sales index is 110

Sheldon, Inc. declared a stock dividend of 50,000 shares on a date when the company's common stock was selling for $18 per share. Prior to this date, Sheldon had 500,000 outstanding shares of $1 par value common stock. As a result of this stock dividend, Sheldon's common stock will ________, the additional paid-in-capital will ________, and the retained earnings will ________

A) decrease $50,000; decrease $850,000; increase $900,000 B) increase $900,000; not change; decrease $900,000 C) increase $50,000; increase $850,000; decrease $900,000 D) decrease $50,000; decrease $850,000; not change

Hiring local citizens is generally less costly than relocating expatriates

Indicate whether the statement is true or false