An Ordinary 20% Stock Dividend

question 48

Multiple Choice

An ordinary 20% stock dividend

• A)causes no change in retained earnings.
• B)decreases assets.
• C)increases contributed capital.
• D)is reported on the income statement.

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Definitions:

Induced Voltage

The voltage generated in a conductor or coil due to a changing magnetic field according to Faraday's law of electromagnetic induction.

Field Discharge Resistor

A resistor used to safely discharge stored energy from the field winding of a motor or generator during shutdown.

Parallel

Referring to lines, paths, or components side by side that do not intersect or converge, often used in electrical circuits to indicate a specific type of connection.

Sufficient Power

Sufficient power refers to the minimum amount of energy required to properly operate a device or system according to its specifications.