Gefilte Fish Corporation earned a profit in 2018 and retained some of its earnings. It makes no other changes and earns the same profit in 2019. Which of the following is correct for this year?
a) return on equity is higher, earnings per share lower
b) both higher
c) both lower
d) return on equity lower, earnings per share higher
e) return on equity lower, earnings per share unchanged
Ans: e) return on equity lower, earnings per share unchanged
You might also like to view...
A board of directors may declare a dividend higher than the balance of the retained earnings account, as long as the cash balance is adequate to pay the dividends
a. True b. False Indicate whether the statement is true or false
A visual printed message most often acts as what?
A) A replacement for text B) Supporting material in printed documents C) A guide to printed reports D) A replacement for interactive digital components E) A supplement to interactive digital components
The direct method of preparing a statement of cash flows
A) eliminates the need for a schedule of noncash investing and financing transactions. B) provides a different result than the indirect method. C) adjusts net income for changes in current accounts. D) shows cash receipts from sales.
Answer the following statements true (T) or false (F)
1. Lewin’s force field analysis model states that the drivers for change must be stronger than the restraining forces in order for the change to work. 2. Sixty to seventy percent of all organizational change projects are successful. 3. Intrapreneurship is an external force for change. 4. Technological advancement is an external force for change. 5. Coercion is the most common approach to addressing resistance to change.