The Per Share Amount Normally Assigned by the Board of Directors

question 149

Multiple Choice

The per share amount normally assigned by the board of directors to a large stock dividend is

• A) the market value of the stock on the date of declaration.
• B) the average price paid by stockholders on outstanding shares.
• C) the par or stated value of the stock.
• D) zero.

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Definitions:

Lymph

A body fluid formed within the tissue spaces and circulated throughout the body.

Glucose

A simple sugar that serves as the main source of energy for the body's cells.

Protein

Large molecules composed of one or more long chains of amino acids, essential for the structure, function, and regulation of the body's cells, tissues, and organs.

Connective Tissue

Tissue that supports, binds, or separates other tissues or organs, consisting of cells embedded in a large amount of extracellular matrix.