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:

Employee Evaluation

The process of assessing and reviewing the performance, skills, and productivity of employees by an organization.

M-Form Organization

A type of organizational structure where a company is divided into semi-autonomous units or divisions, each responsible for its own profit and loss.

Customer Relationships

The management of interactions and engagement with customers to foster loyalty and long-term engagement.

Divisions Coordination

The management practice of aligning the operations and goals of different departments or units within an organization to optimize overall performance.