Which of the Following Occurs When a 10 Percent Stock

question 63

Multiple Choice

Which of the following occurs when a 10 percent stock dividend is paid?

• A)the firm's retained earnings decrease
• B)the firm's equity is increased
• C)the stock's par value is decreased
• D)the stock's price is increased

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Definitions:

Conscientiousness

A personality trait characterized by diligence, carefulness, and a desire to do a task well.

Big Five

A model describing human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Traits

Enduring characteristics that describe an individual's behavior.

Personality

The profile of characteristics making a person unique from others.