The Balance of the $0

question 105

Multiple Choice

The balance of the $0.50 par value Common Stock account for Murdock Company was $60,000 before its recent 3-for-1 stock split.The market price of the stock was $30 per share before the stock split.What occurred as a result of the stock split?

• A) The balance in the Retained Earnings account decreased.
• B) The balance in the Common Stock account declined to $20,000.
• C) The market price of the stock was not affected.
• D) The market price of the stock dropped to approximately $10 per share.

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Definitions:

White Rat

Typically refers to albino rats used as subjects in scientific research, especially in psychological experiments on conditioning and behavior.

Discriminative Stimulus

Any stimulus, such as a stop sign or a doorknob, that provides the organism with a cue for making a certain response in order to obtain reinforcement.

Watson's Little Albert

An experiment conducted by John B. Watson demonstrating classical conditioning by causing a young boy to develop a phobia of white rats.

UCS

An abbreviation commonly used in psychology that stands for Unconditioned Stimulus, which automatically triggers a response without any prior learning.