The book value per share of common stock is the amount per share of common stock that would be received if all of a firm's assets were sold for their accounting value and the proceeds remaining were divided among common stockholders

Transactions are initially recorded in chronological order in a __________ before they are transferred to the accounts.

A. journal B. register C. ledger D. T account

Explain in broad terms, using a sentence or two, what is meant by the "classical stopwatch study." To what extent is it still in use today?

What will be an ideal response?