If a Corporation Issues Additional Shares of Its Own Stock

question 88

Multiple Choice

If a corporation issues additional shares of its own stock to the stockholders on a proportional ownership basis, these are known as a

• A) liquidating dividend.
• B) dividend payable.
• C) cash dividend.
• D) stock dividend.

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Definitions:

Mutable

Describes data structures or objects that can be changed or modified after they have been created.

Wrapper Class

A class in Java that encapsulates primitive types in an object, allowing primitives to be included in operations requiring objects.

Reserved Word

A word that is part of the vocabulary of a programming language with a special meaning and cannot be used as an identifier.

Java

A high-level, class-based, object-oriented programming language that is widely used for developing mobile, web, and desktop applications.