Overton,Inc

question 175

Multiple Choice

Overton,Inc.had the following transactions in 2017,its first year of operations: • Issued 8,000 shares of common stock.Stock has par value of $0.01 per share and was issued at $40.00 per share.
• Earned net income of $200,000.
• Paid dividends of $8.00 per share.
At the end of 2017,what is total stockholders' equity?

• A)$320,000
• B)$456,000
• C)$136,000
• D)$584,000

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Definitions:

Continuous Reinforcement

A learning process in psychology where a behavior is reinforced each time it is demonstrated, leading to higher likelihood of repetition.

Short Delay

A brief period of waiting or postponement before an action takes place or a process starts.

Triadic Reciprocal Causation

Triadic reciprocal causation is a model proposed by Albert Bandura that explains human behavior through the interaction of behavioral, cognitive, and environmental factors.

Social Cognitive Theory

A framework for understanding, predicting, and changing human behavior that emphasizes the interplay of personal factors, behavior, and environmental influences.