Houser Corporation owns 4,000,000 shares of stock in Baha Corporation. On December 31, 2014, Houser distributed these shares of stock as a dividend to its stockholders. This is an example of a

Question

Quizplus · Accepted Answer

A property dividend involves the distribution of assets other than cash (in this case, shares of stock in another company) to shareholders.

Houser Corporation Owns 4,000,000 Shares of Stock in Baha Corporation