JUNK BONDS Inc

question 22

Multiple Choice

JUNK BONDS Inc.began operations Jan.1,2014.The following events related to common shares took place on the indicated dates during 2014. Jan.1 Issued 25,000 common shares
Apr) 1 Purchased 4,000 treasury shares
May 1 Split the common shares 4-for-1
Aug) 1 Issued 20,000 common shares
Dec) 1 Issued a 25% stock dividend
Assuming no potentially dilutive securities,what is the weighted average shares for EPS in 2014?(Do not round intermediate calculations.Round your final answer to nearest whole number.)

• A) 96,333 shares
• B) 37,917 shares
• C) 120,416 shares
• D) 118,345 shares

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Definitions:

Supply Chain

A system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Downstream

In a supply chain, refers to processes or activities that occur after a particular point, often closer to the end customer.

Pull Model

A supply chain model where the initiation of production and movement of goods is based on customer demand rather than anticipating it.

Cloud-Based

Pertaining to services, applications, or data storage hosted on remote servers accessed through the internet.