ABC IncBegan Business on January 1, 2014

question 20

Multiple Choice

ABC Inc.began business on January 1, 2014.Due to difficulties in getting the business started, 30 common shares were issued on January 1, 2014 to the organizers and 15 additional shares were sold on that date.The company wanted the market to hear about the shares.Therefore, the following share transactions were implemented during the year 2014: February 1: 2 for 1 stock split
April 1: 10 percent stock dividend
August 1: 5 for 1 stock split
December 1: 2 for 1 reverse stock split
The weighted average number of shares outstanding for 2014 was: (Rounded to the nearest whole number)

• A)146 shares.
• B)248 shares.
• C)180 shares.
• D)64 shares.

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Definitions:

Synaptogenesis

The formation of synapses between neurons in the nervous system, crucial for brain development, learning, and memory.

Hemispheric Dominance

A process in which one hemisphere becomes stronger and more adept than the other.

Synaptogenesis

The process by which neurons form synapses with other neurons, enabling the transmission of signals in the nervous system.

Myelination

The formation of a fatty sheath around the axons of neurons, which improves the speed and efficiency of electrical impulses in the nervous system.