Braco Has 80,000 Shares of $100 Par Value Common Stock

question 30

Multiple Choice

Braco has 80,000 shares of $100 par value common stock outstanding, and 20,000 shares in the treasury.Braco is located in a state that allows dividends on treasury stock.The number of additional shares that would be issued in a 5% stock dividend is:

• A)1,000
• B)2,000
• C)4,000
• D)5,000

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Definitions:

Spyware

Malicious software designed to collect personal or sensitive information from a user's device without their knowledge.

Secretly Collects

Describes the act of gathering information or data without the knowledge or consent of the individuals it pertains to, often raising privacy concerns.

Outside Source

An external reference or origin from which information or material has been brought into a document or project.

SmartScreen

A feature in Microsoft products that helps protect against phishing and malware by screening web content and files.