Use the Following Information for Questions

question 48

Multiple Choice

Use the following information for questions.
Galba Corp.'s shareholders' equity at January 1, 2020 was:
Common shares, no par value; authorized 200,000 shares; During 2020, Galba had the following share transactions:
Acquired 2,000 treasury shares for $ 30,000
Sold 1,200 treasury shares at $ 19 a share
Retired the remaining treasury shares
No other share transactions occurred during 2020.
-The total contributed surplus at December 31, 2020 is

• A) $ 24,800.
• B) $ 4,800.
• C) $ 4,000.
• D) $ 0.

---

Definitions:

Computer's Devices

This term covers all the hardware components of a computer system, including input and output devices, storage, and processing units.

Kernel

The essential component of the operating system that’s responsible for managing the processor and all other components of the computer system. Because it stays in random access memory (RAM) the entire time the computer is powered on, the kernel is called memory resident.

Operating System

The software that manages all the hardware and other software on a computer, acting as an intermediary between users and the computer hardware.

Functionality

The set of actions or operations that something is designed or able to perform.