On August 1, 2018, Omega Co

question 47

Multiple Choice

On August 1, 2018, Omega Co. declared and issued a 30 percent common stock dividend. Prior to this, Omega Co. had 50,000 outstanding shares of $2 par value common stock. The market value of Omega Co.'s stock was $18 per share at the time the dividend was issued. As a result of this stock dividend, Omega Co.'s total stockholders' equity ________.

• A) increased by $15,000
• B) decreased by $135,000
• C) decreased by $7,500
• D) did not change

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Definitions:

Stressed

A condition of mental or emotional strain resulting from demanding circumstances.

Heavy Alcohol User

An individual who consumes alcohol in large quantities frequently, potentially leading to physical dependence or alcohol use disorder.

Therapy

A systematic process for helping people overcome their psychological problems. Therapy consists of a client (patient), a trained therapist, and a series of contacts between them.

Stressful Life Events

Significant occurrences or changes in one's life that can trigger or exacerbate stress, leading to various psychological or physical health outcomes.