Of the following, select the incorrect statement concerning earnings per share
a. During periods when all income is paid out as dividends, earnings per share and dividends per share under a simple capital structure would be identical.
b. Under a simple capital structure, no adjustment to shares outstanding is necessary for a stock split on the last day of the fiscal period.
c. During a period, changes in stock issued or reacquired by a company may affect earnings per share.
d. During a loss period, the amount of loss attributed to each share of common stock should be computed.
B
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Identify the incorrect sentence
A) Amanda worked diligently on her algebra homework. B) Trudy bought a American-made car. C) My sister angrily slammed the door. D) You should concentrate close on whatever you write. E) B and D
The following condensed balance sheet is presented for the partnership of H, I, and J who share profits and losses in the ratio of 4:3:3, respectively: Cash$50,000 Other Assets 300,000 Total$350,000 Liabilities$80,000 H, Capital 150,000 I, Capital 70,000 J, Capital 50,000 Total$350,000 The partners agree to liquidate the partnership after selling the other assets.Refer to the above information. If the other assets are sold for $140,000 and all partners are personally insolvent, how much should I receive upon liquidation?
A. $6,600 B. $0 C. $2,000 D. $22,000
Monitors are often required by the Justice Department as part of a settlement of charges of corporate violations of criminal law
Indicate whether the statement is true or false
Goodyear manufactures tires and owns the service centers that sell them. Campbell's Soup does not actually own the other channel members. However, its dominant position allows it to influence the distribution decisions of the entire system. For example, it has a major influence over how its products are displayed in retail stores, how its products are promoted, and more. Goodyear is an example of a(n) _______________. Campbell's is an example of a(n) ____________.
A. administered VMS; contractual VMS B. contractual VMS; corporate VMS C. corporate VMS; administered VMS D. administered VMS; corporate VMS E. corporate VMS; contractual VMS