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Selected Items from the Financial Statements for Lorna Company Are

question 102

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Selected items from the financial statements for Lorna Company are listed below:
 Paid in capital, December 31,2014$100,000Retained earnings, December 31, 2014 $75,000Commonstock dividends declared in 2014 $75,000 Net income for the year ended December 31,2014$100,000\begin{array} { l } \text { Paid in capital, December 31,2014}&\$100,000\\ \text {Retained earnings, December 31, 2014 }&\$75,000\\ \text {Commonstock dividends declared in 2014 }&\$75,000\\\text { Net income for the year ended December } 31,2014&\$100,000\\\end{array}

Lorna Company has 5,000 common shares outstanding during the year.What are the earnings per share for the year ended December 31,2014?


Definitions:

Gradual Behavior Change

A slow and systematic modification of behavior patterns over time.

Multiple Baseline Design

An experimental design that introduces the intervention at different times across settings, behaviors, or subjects to demonstrate control over the variables being examined.

Changing Criterion Design

An experimental design in which the effect of the intervention is demonstrated by how well the behavior matches a criterion that is systematically altered.

Reversal Design

A research design often used in behavior analysis, where a behavior is measured before and after an intervention, and then the intervention is withdrawn to see if behavior returns to baseline levels.

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