How Would the Declaration and Subsequent Issuance of a 10

question 2

Multiple Choice

How would the declaration and subsequent issuance of a 10 percent stock dividend by the issuer affect each of the following when the market value of the shares exceeds the par value of the stock? Common Stock Additional Paid-in Capital

• A) No effect No effect
• B) No effect Increase
• C) Increase No effect
• D) Increase Increase

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Definitions:

Unpaid leave

Time off from work that an employee is allowed to take without pay, which can be for various reasons including medical leave, family emergencies, or personal time.

Religious discrimination

Unfair or unequal treatment of individuals or groups based on their religious beliefs or practices.

Prima facie case

Evidentiary standard that requires sufficient evidence to prove the case in the absence of any contradictory evidence.

Sincerely held religious belief

A genuine and meaningful belief that occupies a place in the life of its possessor parallel to that filled by the orthodox belief in God within recognized religions.