A Company Had 48,000 Shares Outstanding from January 1 to June

question 141

Multiple Choice

A company had 48,000 shares outstanding from January 1 to June 1 and 72,000 shares outstanding from June 1 to December 31. What is the weighted-average number of shares used in earnings per share calculations?

• A) 58,000
• B) 60,000
• C) 62,000
• D) 64,000

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Definitions:

Mortality

The state or condition of being subject to death; often used to refer to the death rate in a population.

Psychological Well-being

A state of comfort, health, or happiness in an individual's psychological functioning.

Delay Gratification

The ability to resist the temptation for an immediate reward and wait for a later reward, often considered a sign of emotional intelligence and self-control.

Belongingness Needs

are psychological needs for interpersonal connections, love, affection, and being part of a group, considered essential for human well-being.