Gordon Corporation Reported the Following Equity Section on Its Current

question 150

Multiple Choice

Gordon Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $11.50 per share. After a 2-for-1 stock split, what would the number of shares issued be?

• A)40,000
• B)80,000
• C)60,000
• D)120,000

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Definitions:

Thalamus

The forebrain structure that sits at the top of the brain stem in the brain’s central core and serves as an important relay station.

Two-factor Theory

The Two-factor Theory proposes that human emotions are the result of a combination of physiological arousal and the cognitive labeling of that arousal.

Drive Reduction Theory

A motivational theory proposing that the maintenance of homeostasis motivates behavior that reduces drives arising from physiological needs.

James-Lange Theory

A psychological theory suggesting that emotions result from people's interpretations of bodily reactions to external events.