A Parent Company Owns a 100% Interest in a Subsidiary

Multiple Choice

A parent company owns a 100% interest in a subsidiary.Recently, the subsidiary paid a 10% stock dividend.The dividend should be recorded on the books of the parent

A) ​at the par value or stated value of the shares received.
B) ​at the market value of the shares on the date of declaration.
C) ​at the market value of the shares on the date of distribution.
D) ​merely as a memo entry indicating that the cost of the original investment now is allocated to a greater number of shares.