Julia Owns 1,000 Shares of Orange Corporation

question 61

Multiple Choice

Julia owns 1,000 shares of Orange Corporation.This year,Orange declared a 10% stock dividend.There was no option for shareholders to receive cash.When Julia received 100 shares of Orange stock,it had a fair market value of $50 a share.How much income does Julia have from the dividend?

• A)$0
• B)$50
• C)$5,000
• D)$50,000

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Definitions:

Association

In psychology, refers to a connection or link between two ideas, events, or psychological phenomena, suggesting a relationship where one may influence or evoke the other.

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Illness

A state of being unwell or suffering from a disease or health condition.

Type D Personality

A personality type associated with negative affectivity (worry, irritability) and social inhibition (reticence, lack of self-assurance).