Nigiri Inc

question 238

Multiple Choice

Nigiri Inc. began operations on October 1, 2014. During October, Nigiri sold ordinary shares for ¥440,000,000, earned net income of ¥64,000,000, and paid dividends of ¥1,978,000. Equity at the end of October is

• A) ¥504,000,000.
• B) ¥502,022,000.
• C) ¥64,000,000.
• D) ¥62,022,000.

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Definitions:

Encoding Failure

A situation in which information does not enter the brain's long-term memory and thus is forgotten.

Long-Term Memory

The phase of memory in which information is stored for extended periods of time, potentially lifelong, beyond the capacity of short-term or working memory.

Motivated Forgetting

Forgetting that occurs when something is so painful or anxiety-laden that remembering it is intolerable.

Traumatic Memories

Memories of traumatic events that are so emotionally overwhelming they are often fragmented and may lead to problems like post-traumatic stress disorder (PTSD).