Wonder Corporation Declared a Common Stock Dividend to All Shareholders

question 22

Multiple Choice

Wonder Corporation declared a common stock dividend to all shareholders of record on September 30, 20X3. Shareholders will receive three shares of Wonder stock for each five shares of stock they already own. Diana owns 300 shares of Wonder stock with a tax basis of $90 per share (a total basis of $27,000) . The fair market value of the Wonderstock was $180.00 per share on September 30, 20X3. What are the tax consequences of the stock dividend to Diana?

• A) $10,800 dividend and a tax basis in the new stock of $180.00 per share.
• B) $0 dividend income and a tax basis in the new stock of $56.25 per share.
• C) $0 dividend income and a tax basis in the new stock of $67.50 per share.
• D) $0 dividend income and a tax basis in the new stock of $180.00 per share.

Recognize the role of the Big Five personality traits in shaping relationship dynamics.

Understand the psychological motivations behind certain online behaviors, including self-enhancement and personality expression.

Grasp the basic principles of attachment theory and its long-term effects on personality and behavior.

Identify routes of medication administration and their definitions.

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Definitions:

Hasty Generalization

A logical fallacy that involves making a rushed conclusion based on insufficient evidence.

Fallacy

A reasoning error that causes an argument to be invalid.

Examples

Instances or cases that are representative of a concept, principle, or condition, used to illustrate or clarify.

Generalize

To make a general statement or concept by inferring from specific cases.