On June 30,2018,Samuel,Inc On July 1,2018,the Company Declared and Distributed a 6% Stock

question 33

Multiple Choice

On June 30,2018,Samuel,Inc.showed the following data on the equity section of their balance sheet: $$\begin{array} { | l | r | } \hline \text { Stockholders' equity } & \\\hline \text { Common stock, } \$ 1 \text { par; } 199,000 \text { shares authorized, } & \\157,000 \text { shares issued and outstanding } & \$ 157,000 \\\hline \text { Paid-In Capital in Excess of Par-Common } & \$ 262,000 \\\hline \text { Retained Earnings } & \$ 957,000 \\\hline \text { Total Stockholder's Equity } & \$ 1,376,000 \\\hline\end{array}$$ On July 1,2018,the company declared and distributed a 6% stock dividend.The market value of the stock at that time was $14 per share.Following this transaction,what is total stockholders' equity?

• A) $1,376,000
• B) $1,558,140
• C) $1,302,860
• D) $1,208,840

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Managerial

Pertaining to the activities, responsibilities, and skills involved in managing an organization or one of its parts, including planning, organizing, directing, and controlling.

Safety Committee

A group within an organization dedicated to promoting workplace safety by identifying hazards, implementing safety protocols, and ensuring compliance with safety regulations.

Serious Injuries

Severe physical harm or damage to a person's body that requires medical attention and may have long-term consequences.

Workplace Assaults

Incidents of violence or aggression occurring within the workplace, potentially leading to physical or psychological harm to employees.