Josh's,Inc

question 71

Multiple Choice

Josh's,Inc.has 7,000 shares of stock outstanding with a par value of $1.00 per share and a market value of $32 a share.The balance sheet shows $82,000 in the capital in excess of par account,$7,000 in the common stock account,and $64,800 in the retained earnings account.The firm just announced a 10 percent stock dividend.What is the value of the capital in excess of par account after the dividend?

• A)$76,000
• B)$82,000
• C)$97,700
• D)$103,700
• E)$104,400

---

Definitions:

Melodrama

A dramatic genre characterized by exaggerated plot and characters, intended to appeal to the emotions of the audience.

Physically Disabled

Pertaining to individuals who have limitations on their physical functionalities due to injury, birth defects, or illness.

Self-Reflexive Satire

A literary or cinematic work that uses humor, irony, exaggeration, or ridicule to criticize itself or its creator, often highlighting the conventions of the genre or medium.

Preston Sturges

A renowned American filmmaker known for his comedic prowess and sharp wit in films during the early 20th century.