ACC 304 All Assignments ACC 304 All Assignments | Page 54

51. Houser Corporation owns 4,000,000 shares of stock in Baha
Corporation. On December 31, 2012, Houser distributed these shares of
stock as a dividend to its stockholders. This is an example of a
a. property dividend.
b. stock dividend.
c. liquidating dividend.
d. cash dividend.
52. A dividend which is a return to stockholders of a portion of their
original investments is a
a. liquidating dividend.
b. property dividend.