Please Refer to the Following Information for Petra Sales Company

question 76

Multiple Choice

Please refer to the following information for Petra Sales Company: If Petra Sales sells 10,000 shares of treasury stock at $14 per share, what amounts will be shown for the number of shares issued and outstanding?

• A)200,000 issued; 190,000 outstanding
• B)210,000 issued; 190,000 outstanding
• C)210,000 issued; 180,000 outstanding
• D)200,000 issued; 170,000 outstanding

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Definitions:

Dual Processing

The principle that our mind operates on two levels simultaneously: conscious and unconscious.

Cocktail Party Effect

The ability to focus one's listening attention on a single talker among a mixture of conversations and background noises.

Selective Attention

The cognitive process by which an individual focuses on one particular object or message among a range of stimuli, ignoring others.

Inattentional Blindness

The psychological phenomenon where an individual fails to perceive an unexpected stimulus in plain sight because their attention is engaged elsewhere.