CGI Corporation Had 10,000 Shares of $2 Par Common Stock

question 19

Multiple Choice

CGI Corporation had 10,000 shares of $2 par common stock outstanding; the shares had been issued at $5 per share.At the end of March 2011, CGI declared a $3 cash dividend per share when the market price of the stock was $8 per share.Which of the following statements is most true?

• A)The $3 cash dividend per share is determined by analyzing the difference between the issuance price and the market value of the stock.
• B)The $3 cash dividend per share is determined by analyzing the difference between the issuance price and the par value of the stock.
• C)CGI can process the dividend payment using only the information specified above.
• D)None of these statements is true.

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Sexual Initiation

the act or process of experiencing sexual intercourse for the first time.

Abstinence

The act of refraining from indulging in something, often used in the context of abstaining from sexual activity or substances like alcohol and drugs.

STI Prevention

Strategies and practices aimed at reducing the risk of acquiring sexually transmitted infections, such as safe sex practices and regular screenings.