A Company with 100,000 Authorized Shares of $4 Par Common

question 69

Multiple Choice

A company with 100,000 authorized shares of $4 par common stock issued 40,000 shares at $8. Subsequently, the company declared a 4% stock dividend on a date when the market price was $12 a share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?

• A) $12,800
• B) $19,200
• C) $32,000
• D) $48,800

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Female Rape Victims

Individuals who identify as female and have experienced non-consensual sexual intercourse or assault.

Former Spouse

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