MacDowell Corp

question 255

Multiple Choice

MacDowell Corp.has 100,000 shares outstanding with a par value of $2.On March 3,it declared a 100% stock dividend,when its stock price was $15.As a result of this stock dividend,retained earnings:

• A)decreased by $1,500,000.
• B)decreased by $200,000.
• C)increased by $1,500,000.
• D)increased by $100,000.

---

Definitions:

Inclusion

The practice or policy of providing equal access to opportunities and resources for people who might otherwise be excluded or marginalized, such as those having physical or mental disabilities, or being members of minority groups.

Control

The power to influence or direct people's behavior or the course of events.

Affection

A feeling of fondness or liking towards someone or something, which can manifest as physical closeness, emotional support, or acts of kindness.

Self-Evaluation Model

A psychological framework that explains how individuals assess their own performance and attributes in relation to others.