On June 30,2018,Chris Brothers,Inc

question 228

Multiple Choice

On June 30,2018,Chris Brothers,Inc.showed the following data on the equity section of their balance sheet:

On July 1,2018,the company declared and distributed a 8% stock dividend.The market value of the stock at that time was $17 per share.Following this transaction,what is the balance of Paid-In Capital in Excess of Par-Common?

• A)$227,640
• B)$523,160
• C)$271,000
• D)$457,880

---

Definitions:

Dissociative Identity Disorder

A severe form of dissociation characterized by the presence of two or more distinct identity or personality states that control an individual’s behavior in different circumstances.

Depersonalization/Derealization Disorder

Syndrome marked by frequent episodes of feeling detached from one’s own body and mental processes, as if one were an outside observer of oneself; symptoms must cause significant distress or interference with one’s ability to function.

Distressing Episodes

Episodes or periods characterized by intense emotional discomfort or pain, which can impact an individual's psychological well-being.

False Memory

A psychological phenomenon where a person recalls something that did not happen or recalls it differently from the way it actually happened.