The Per Share Amount Normally Assigned by the Board of Directors

question 149

Multiple Choice

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

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Great Exhibition

The first World's Fair, held in 1851 in London, showcasing the achievements of the Industrial Revolution and cultural artifacts.

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Manufactured units or components that are produced in a factory and then transported to a construction site for quick assembly.

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