Carne Manufacturing Declared a 10% Stock Dividend When It Had

question 17

Multiple Choice

Carne Manufacturing declared a 10% stock dividend when it had 200,000 shares of $5 par value common stock outstanding. The market price per common share was $15 per share when the dividend was declared. The entry to record this dividend declaration includes a credit to:

• A) Stock Dividends of $300,000.
• B) Paid-in Capital in Excess of Par for $200,000.
• C) Common Stock for $300,000.
• D) Stock Dividends for $100,000.

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A span of numbers obtained from sample observations that probably encompasses the value of an unspecified population characteristic.

Standard Deviation

A gauge for determining the extent of diversity or deviation among data points.

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