On October 1, 2009, Chief Corporation Declared and Issued a 10

question 12

Multiple Choice

On October 1, 2009, Chief Corporation declared and issued a 10% stock dividend. Prior to this date, Chief had 80,000 shares of $5 par common stock outstanding. The market value of Chief Corporation on the date of declaration was $10 per share. As a result of this dividend, Chief's retained earnings will:

• A)Decrease by $80,000.
• B)Not change.
• C)Decrease by $40,000.
• D)Increase by $80,000.

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Definitions:

Romantic Relationships

Emotional and intimate relationships that involve a significant degree of physical and emotional bonding between partners.

Authoritarian Style

A parenting or leadership style characterized by strict rules, high expectations, and minimal warmth or nurturing.

Parenting

The process of promoting and supporting the physical, emotional, social, and intellectual development of a child from infancy to adulthood.

Authoritative Homes

Households that are structured around consistent rules and guidelines, yet are supportive and responsive to children's needs.