The Per Share Amount Normally Assigned by the Board of Directors

question 88

Multiple Choice

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

Time Increment

A specified increase in time, used in scheduling, simulations, or time-based calculations.

Milliseconds

A unit of time equal to one-thousandth of a second, commonly used to measure durations that require high precision, such as response times in computers.

True To False Transition

refers to the change of a digital signal or condition from a true (high, active) state to a false (low, inactive) state.