On June 30,2018,Samuel,Inc

question 277

Multiple Choice

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

Defamation

The act of making false statements about another person, causing harm to their reputation.

False Communication

The act of knowingly transmitting or conveying incorrect information to another party.

False Light

A type of privacy tort that occurs when someone publicly attributes to an individual views or actions that are misleading or false, but not defamatory.

Defamation

The act of damaging someone's good reputation by making false or malicious statements in spoken (slander) or written (libel) form.