For the year ended December 31, YR01 Target Inc. had net income of $10,000. At this date Target had 1,000 common shares issued and outstanding (par value =$1 per share). The number of common shares issued and outstanding did not change during YR01. Also, Target Inc. has no outstanding convertible securities. Target Inc. issued its December 31, YR01 annual report to shareholders on February 1, YR02. On January 15, YR02 the Board of Directors declared a 10% stock dividend to be distributed on January 20, YR02. At the date of declaration the market price of the common stock was $10 per share.
Required:1. Does the stock dividend declared and distributed in early YR02 affect the EPS disclosure that will appear in the December 31, YR01 annual report?

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

If its a multiple choice test, then it should be a conservationist.