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:

Leadership Role

A position that involves guiding, influencing, or directing others towards achieving a common goal or completing a task.

Attentive

Paying close attention to something; noticing or carefully observing.

Left-Brain Dominant

A characteristic where a person is more analytical, logical, and detail-oriented, often associated with the left hemisphere of the brain.

Cornell System

A note-taking system devised at Cornell University, designed to efficiently organize notes into summaries, cues, and note-taking sections.