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Casey Freeborn
on Nov 14, 2024

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The board of directors must assign a per share value to a stock dividend declared that is

A) greater than the par or stated value.
B) less than the par or stated value.
C) equal to the par or stated value.
D) at least equal to the par or stated value.

Par Value

The face value of a bond or stock as stated on the certificate, which is the minimum amount the security can be sold for upon initial offering.

Stated Value

The amount per share assigned by the board of directors to no-par value stock.

Per Share Value

The financial value of a single share of a company's stock, representing a fraction of the corporation's assets and earnings per share.

  • Distinguish between the nuances of small and large stock dividends and their respective treatments in accounting.
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Cherrylyn OrcineNov 20, 2024
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