On August 31,2013,Victory Corporation's Common Stock Is Priced at $30

question 191

Multiple Choice

On August 31,2013,Victory Corporation's common stock is priced at $30 per share before any stock dividend or split,and the stockholders' equity section of its balance sheet appears as follows.Assume that the company declares and immediately distributes a 100% stock dividend.
-What is the total amount in the Common Stock account immediately after the stock dividend?

• A)$266,000
• B)$532,000
• C)$1,140,000
• D)$874,000
• E)$0

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Definitions:

Self-reinforcement

Administering rewards or punishments to oneself for meeting, exceeding, or falling short of one’s own expectations or standards.

Conscience

An inner feeling or voice viewed as a guide to the rightness or wrongness of one's behavior.

Superego

In Freudian psychoanalysis, the part of the psyche that acts as a moral center, incorporating the values and norms of society and acting as a counterbalance to the id.

Extinction Processes

In behavioral psychology, the gradual reduction and eventual disappearance of a conditioned response following the cessation of reinforcement.