WEIGHTY Inc

question 29

Multiple Choice

WEIGHTY Inc.started the current year with 2,000 common shares issued,but only 1,500 were outstanding at that time.The following events took place during the current year: March 30 issued 200 previously unissued shares
June 1 sold 400 treasury shares
December 1 purchased 100 treasury shares
December 31 issued 500 previously unissued shares
What is WEIGHTY's denominator of earnings per share for the current year? (Do not round intermediate calculations.Round your final answer to nearest whole number.)

• A) 1,917 shares
• B) 2,375 shares
• C) 1,875 shares
• D) 2,125 shares

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Definitions:

Tectorial Membrane

A structure located in the cochlea of the inner ear that plays a critical role in the process of hearing by interacting with hair cells.

Otolith

Calcium carbonate granule associated with sensory receptors for detecting movement of the head; in vertebrates, located in the utricle and saccule.

Blind Spot

An area in the visual field that lacks light-detecting photoreceptor cells, where the optic nerve exits the retina, leading to a lack of visual perception in this spot.

Ampulla

A bulging structure in the body, such as the dilated portion of a canal or duct, particularly in the gastrointestinal and reproductive tracts.