Bridget Owns 200 Shares of Common Stock of Jones Corporation

question 63

Multiple Choice

Bridget owns 200 shares of common stock of Jones Corporation.During the current year,Jones gives its shareholders the choice of receiving cash of $2 per share or one additional share of Jones common stock for each 5 shares of stock owned.The stock has a fair market value of $10 per share.Bridget chooses to take the additional shares of stock.How much income does Bridget have from the stock dividend?

• A)$0
• B)$200
• C)$400
• D)$1,000

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Definitions:

Sensory Input

Information received by the sensory organs and transmitted to the brain.

Parietal Lobe

A region of the cerebral cortex involved in processing sensory information related to touch, pressure, temperature, and spatial orientation.

Recognize Faces

The cognitive ability to identify and understand human faces, highlighting the complex processing abilities of the brain.

Aphasia

A disorder caused by damage to the parts of the brain that control language, affecting the ability to communicate effectively.