Mendes Charters Reported the Following Information at December 31,2017: Mendes

question 159

Multiple Choice

Mendes Charters reported the following information at December 31,2017: Mendes' total contributed capital is
$\begin{array}{lr}\text { Preferred stock } \$ 100 \text { par, } 500 \text { shares authorized, and outstanding; }\\\text { cumulative; nonp articipating; call able at par value } & \$ 50,000 \\\text { Common stock } \$ 12 \text { par, } 50,000 \text { shares authorized and outstanding } & 600,000 \\\text { Additional paid-in capital—common } & 25,000 \\\text { Retzined earnings } & 825,000\end{array}$

• A)$650,000.
• B)$675,000.
• C)$1,500,000.
• D)$625,000.

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Definitions:

Behavior Feedback Effect

The phenomenon where an individual's behavior can influence and change their attitudes or feelings.

Short, Shuffling Steps

A gait pattern characterized by taking small, dragging steps, often seen in conditions such as Parkinson's disease.

Long Strides

Walking or running with unusually large steps or distances between footfalls, often to cover ground more rapidly.

Behavior Feedback Effect

The behavior feedback effect is the phenomenon where certain behaviors can influence our emotions, attitudes, and even our thoughts.