Tellabs Distributes a 15% Stock Dividend

question 149

Multiple Choice

Tellabs distributes a 15% stock dividend. Before distributing the stock dividend, Tellabs had 15 million shares. How many outstanding shares does the firm have after it makes the stock dividend distribution?

• A)15 million shares
• B)17 million shares
• C)17.25 million shares
• D)17.50 million shares
• E)none of the above

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Definitions:

Dissociation

A psychological experience of feeling disconnected or detached from one's mind, body, or surroundings, often as a response to trauma or extreme stress.

Pierre Janet

A pioneering French psychologist and neurologist known for his work on hysteria, dissociation, and the unconscious mind.

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, and experiences.

Dissociative Identity Disorder

A severe form of dissociation, a mental process which produces a lack of connection in a person's thoughts, memory and sense of identity.