The Shareholders' Equity Section of Zagreb Corp

question 154

Multiple Choice

The shareholders' equity section of Zagreb Corp. at December 31, 2019 was: Common shares, no par value; authorized 20,000 shares; On February 28, 2020, when the market value of Zagreb's shares was $ 12 per share, the board of directors declared a 15% stock dividend, and accordingly 1,500 additional shares were issued. For the two months ended February 28, 2020, Zagreb reported a net loss of $ 20,000.
What amount should Zagreb report as retained earnings at February 28, 2020?

• A) $ 162,000
• B) $ 180,000
• C) $ 182,000
• D) $ 198,000

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Definitions:

Just Noticeable Difference

The smallest difference in intensity or stimulus strength that a human can detect between two stimuli, also known as the difference threshold.

Decibels

A unit of measurement used to express the intensity of sound, indicating the pressure level of sound waves.

Subliminal

Pertains to stimuli or messages that are below the threshold of human consciousness but can influence thoughts, feelings, or actions.

Sensory Adaptation

The process by which sensory receptors become less sensitive to constant stimuli over time, allowing organisms to adapt to their environment.