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:

Sales Message

A written or spoken communication aimed at persuading potential customers to purchase a product or service.

Common-Ground Persuasion

A persuasive technique that seeks to establish mutual understanding or shared beliefs between the persuader and the audience to enhance the effectiveness of the message.

Problem

An obstacle, issue, or uncertain situation that requires a solution.

Persuasive Techniques

Strategies used in writing or speech to convince or influence the audience to adopt a particular point of view or take action.