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

Business

You might also like to view...

When determining the amount of interest to be paid on a bond, which of the following information is not necessary?

a. The face amount of the bonds b. The selling price of the bonds c. The face rate of interest on the bonds d. The length of the interest period, annually or semiannually

Business

The 1934 Act rules governing proxy solicitations would require a proxy statement describing the material facts relating to items to be voted upon

a. True b. False Indicate whether the statement is true or false

Business

Julian Colton is an athlete who has won Olympic medals in various track events. He endorses the health drinks of Kaylao, a company that manufactures and sells organic food products. Kaylao shows Colton in its television advertisements and hoardings to gain public's attention. Which of the following marketing strategies does this scenario best illustrate?

A. People marketing B. Place marketing C. Event marketing D. Idea marketing

Business

Evaluating whether you need or simply want a sun roof is an example of using the smart buying steps

Indicate whether this statement is true or false.

Business