An Individual Shareholder Owns 3,000 Shares of Baxter Corporation Common

question 109

Multiple Choice

An individual shareholder owns 3,000 shares of Baxter Corporation common stock with a basis of $10 per share. She receives a nontaxable 5% stock dividend. The basis per share of the common stock after the stock dividend is

• A) $10.00.
• B) $9.00.
• C) $9.50.
• D) $9.52.

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Definitions:

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Characteristics, such as bipedalism and large brain size, that distinguish Homo sapiens from other species.

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An extinct species or subspecies of archaic humans known from DNA evidence and fossilized bone fragments found in Siberia.

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A geographic region in Russia, known for its vast steppes, mountains, and forests, located south of the Siberian arctic tundra.

Burin

A sharp tool or engraving implement used in prehistoric times and by artists to carve or etch on hard materials.