The Per Share Amount Normally Assigned by the Board of Directors

question 327

Multiple Choice

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

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

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Definitions:

Ground Tissue System

The bulk of the primary plant body, consisting of three types of plant cells - parenchyma, collenchyma, and sclerenchyma - which perform various functions including photosynthesis, storage, and support.

Epidermis

The outer layer of cells covering an organism, particularly the surface epithelium of the skin on the body of an animal.

Photosynthesis

The process by which green plants, algae, and some bacteria convert light energy, usually from the sun, into chemical energy stored in glucose, using carbon dioxide and water.

Plants

Multicellular organisms that primarily use photosynthesis for energy production and are a key part of the Earth's ecosystems.