Given the Following Sequence of Events, Determine the Weighted Average

question 153

Multiple Choice

Given the following sequence of events, determine the weighted average number of share for earnings per share purposes: January 1 100 common shares issued and outstanding April 1 issued 50 previously unissued shares
May 1 split the stock 2-for-1
June 30 purchased 100 shares for the treasury July 30 distributed a 20% stock dividend December 31 Split the stock 3-for-1

• A)810
• B)475
• C)270
• D)1,125

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Definitions:

Diathesis-stress Model

A psychological theory that explains behavior as a predispositional vulnerability together with stress from life experiences.

Mental Disorders

Conditions characterized by disturbances in a person's thoughts, emotions, or behavior.

Predisposition

A natural inclination or tendency to behave in a certain way or to develop a particular condition based on genetic or environmental factors.

Mental Disorder

A condition characterized by disturbances in a person's thinking, emotional regulation, or behavior, causing distress or impaired function.