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:

70 Hours

Without context, it's unclear; could refer to a specific workweek duration in certain industries or regulations limiting working hours.

Business Idea

A concept that can be used for financial gain, typically centered around a product or service that can be offered to the market.

Vision

A forward-looking statement or idea about what an organization or individual aspires to achieve in the future, acting as a guide for decision-making and strategic planning.