Upon receiving shares of stock from a stock dividend, why should the stockholder not consider the value

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Upon receiving shares of stock from a stock dividend, why should the stockholder not consider the value of the stock as income?

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Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

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Question Posted: Mar 26, 2014 09:08 AM

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Upon receiving shares of stock from a stock dividend, why should the stockholder not consider the value

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The stockholder receives no assets and pays no tax on the stock di...View the full answer

Principles of Accounting

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