At January 1, 2013, Karpo Corporation Had the Following Share

question 17

Multiple Choice

At January 1, 2013, Karpo Corporation had the following share capital: On July 1, 2013, the board of directors declared and paid a 10% common stock dividend. On October 1, 2013, the company sold an additional 20,000 common shares for proceeds of $280,000. The corporation earned $150,000 during the year and declared $30,000 in dividends to preferred shareholders.
-For the purpose of calculating the earnings per share, the company's weighted average number of common shares is

• A) 30,000.
• B) 12,750.
• C) 7,750.
• D) 15,500.

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Definitions:

Episodic Buffer

Part of Baddeley's model of working memory, it is a temporary storage system that integrates information from different sources and bridges short-term memory with long-term memory.

Central Executive

A component of working memory model that acts as a control system, orchestrating the processing of information by directing attention, making plans, and integrating information.

Rehearsal

The repetition of an event that keeps the memory of that event in the short-term store.