Following Is the Shareholders' Equity Section of the Balance Sheet

question 56

Multiple Choice

Following is the shareholders' equity section of the balance sheet of the Everslim Corporation:

$\begin{array} { l }\text { Share capital: }\\ \text { Common shares, } 100,000 \text { shares authorized, }\\65,000 \text { shares issued } & \underline{\$ 650,000} \\\text { Total share capital } & \$ 650,000 \\\text { Retained earnings } & \underline{349,000} \\\text { Total shareholders' equity } & \underline{\$ 999,000} \\\end{array}$


The common shares are currently selling for $15.50 per share.

The number of common shares authorized and issued after the distribution of a 15% common stock dividend is:

• A) 100,000 and 65,000
• B) 100,000 and 74,750
• C) 115,000 and 65,000
• D) 115,000 and 74,750

---

Definitions:

Family as Context

An approach in healthcare and social sciences that views the individual within the framework of family relationships and dynamics.

Blood Glucose Testing

A method of measuring the amount of glucose (sugar) in the blood, commonly used in the management of diabetes.

Family Nursing

A branch of nursing practice that focuses on providing care to families and family members across the lifespan.

Coping Patterns

Behavioral and psychological strategies used by individuals to manage stress and adversity.