-Refer to Lakeshore Industries

question 33

Multiple Choice

-Refer to Lakeshore Industries. What is the effect of a 10% stock dividend if the market price of the common stock is $30 per share when the stock dividend is declared?

• A)A stock dividend has no impact on any of the stockholders' equity accounts.
• B)Total stockholders' equity increases $75,000.
• C)Cash increases $300,000.
• D)$225,000 of retained earnings is transferred to the capital stock accounts.

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Definitions:

NREM Sleep

Non-Rapid Eye Movement sleep, which is characterized by slower brain waves and is considered restorative sleep.

REM Sleep

REM sleep, or Rapid Eye Movement sleep, is a stage of sleep characterized by fast eye movements, vivid dreams, and increased brain activity.

Sleep Cycle

The progression through various stages of non-REM and REM sleep that occurs throughout a typical night, playing crucial roles in rest and recovery.

Stage 4

In the context of sleep, this refers to the deepest stage of NREM (non-rapid eye movement) sleep, characterized by the presence of delta waves and considered crucial for restorative sleep.