The Shareholders' Equity Section of the Balance Sheet of Caesar

Multiple Choice

The shareholders' equity section of the balance sheet of Caesar Corporation at December 31, 2009, appears as follows: (The company engaged in no treasury share transactions prior to 2009)



-Refer to the above data. A small stock dividend of 1,000 shares was declared and distributed during 2009. What was the market price per share on the date of declaration?

A) $8.00 per share.
B) $2 per share.
C) $16 per share.
D) $28.00 per share.