On September 1, 2013, Marker Corporation Declared and Issued a 20

question 30

Multiple Choice

On September 1, 2013, Marker Corporation declared and issued a 20 percent common stock dividend.Prior to this date, Marker had 20,000 shares of $2 par value common stock that were both issued and outstanding.The market value of Marker's stock was $20 per share at the time the dividend was issued.As a result of this stock dividend, Marker's total stockholders' equity

• A)decreased by $40,000.
• B)decreased by $400,000.
• C)increased by $400,000.
• D)increased by $40,000.
• E)did not change.

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Definitions:

Robert Rescorla

An American psychologist known for his work on the involvement of cognitive processes in classical conditioning, especially the contingency theory of learning.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is initially elicited by the second stimulus is eventually elicited by the first stimulus alone.

Cognitive Focus

Concentration on or dedication of mental resources towards specific thoughts, tasks, or stimuli.

Spontaneous Recovery

The recurrence of an extinguished response as a function of the passage of time.