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FED Had 100 Common Shares Issued and Outstanding at December

question 116

Multiple Choice

FED had 100 common shares issued and outstanding at December 31,2013.On July 1,2014,FED issued a 10 percent stock dividend.Unexercised stock options to purchase 20 common shares (adjusted for 2014 stock dividends) at $20 per share were outstanding at the beginning and end of 2014.The average market price of FED'S common shares (which was not affected by the stock dividend) was $25 per share during 2014.The ending market price was $30.Net income for the year ended December 31,2014,was $2,200.What was FED'S 2014 basic earnings per share,rounded to the nearest cent?

Examine the role of specific hormones in stem elongation, senescence, and plant growth strategies.

Understand the environmental influences on plant growth and development, including day length and temperature changes.

Relate hormone levels to plant propagation techniques and developmental processes.

Comprehend the effects of mechanical stress on plant growth and the role of stress hormones.

Definitions:

Means Testing

A method used to determine an individual's eligibility for certain types of financial aid, benefits, or services based on their income and assets.

Trustees

Individuals or organizations appointed to manage and hold assets on behalf of others, typically within the structure of a trust.

Involuntary Bankruptcy Action

A legal process initiated by creditors to force a debtor into bankruptcy when they cannot pay their debts.

Unsecured Claims

Claims or debts that are not backed by collateral, meaning if the debtor defaults, the creditor does not have a right to seize specific property to satisfy the debt.