Assume Instead That Bricks Declared a Stock Dividend of 3,000

question 38

Multiple Choice

Assume instead that Bricks declared a stock dividend of 3,000 shares on its $5 par value common stock.The investment elimination entry required to prepare a consolidated balance sheet immediately after the stock dividend is issued will include a debit to Additional Paid-In Capital for:

• A)$65,000.
• B)$95,000.
• C)$50,000.
• D)$110,000.

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Definitions:

Excessive Absenteeism

A habitual pattern of absence from a duty or obligation, surpassing normal levels, often impacting productivity and team dynamics.

Initiative

The ability to assess and initiate things independently, often leading to the implementation of new plans or strategies.