Julia Owns 1,000 Shares of Orange Corporation

question 61

Multiple Choice

Julia owns 1,000 shares of Orange Corporation.This year,Orange declared a 10% stock dividend.There was no option for shareholders to receive cash.When Julia received 100 shares of Orange stock,it had a fair market value of $50 a share.How much income does Julia have from the dividend?

• A)$0
• B)$50
• C)$5,000
• D)$50,000

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Definitions:

Logistics Perspective

An approach focusing on the effective management of the flow of goods, information, and resources from the point of origin to the point of consumption to meet customer requirements.

Capacity Planning

The process of determining the production capacity needed by an organization to meet changing demands for its products.

Materials Planning

The systematic determination of required materials and components, including quantity and timing to support production.