Which of the following occurs when a corporation's board of directors declares a 10% stock dividend?

A) Stock Dividends will be credited for the new shares times the current market value of the stock.
B) Stock Dividends will be debited for the new shares times the current market value of the stock.
C) Stock Dividends will be debited for the new shares times the par value of the stock.
D) Stock Dividends will be credited for the new shares times the par value of the stock.


B) Stock Dividends will be debited for the new shares times the current market value of the stock.

Business

You might also like to view...

HP LaserJet series is an example of:

A) corporate parent brand. B) ingredient brand. C) co-brand. D) distinct product brand.

Business

The convenience store example discussed in your textbook illustrates that when we don't know what problem is, we should use:

A) problem definition websites B) experiments C) internal supplier firms D) exploratory research E) descriptive research

Business

The par value of stock refers to its value on the open market

Indicate whether the statement is true or false

Business

The ______ discipline of human resource management encompasses all of the things that need to happen to get people interested in working for a company, including the recruiting process, selecting the best candidates who apply, and getting them settled into their new jobs.

A. interpersonal B. training C. staffing D. revenue

Business