Question
Houser Corporation owns 4,000,000 shares of stock in Bahamas Corp. On December 31,2014, Houser distributed these shares of stock as a dividend to its stockholders.
Houser Corporation owns 4,000,000 shares of stock in Bahamas Corp. On December 31,2014, Houser distributed these shares of stock as a dividend to its stockholders. This is an example of a a. stock dividend b.liquidating dividend c. Cash dividend d. property dividend
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Financial Accounting
Authors: Robert F. Meigs, Jan R. Williams, Susan F Haka, Mark S. Bettner
10th Edition
0072316373, 978-0072316377
