During 2014, Thomas Corporation Repurchased Some Shares of Its Own

question 115

Multiple Choice

During 2014, Thomas Corporation repurchased some shares of its own common stock. What effect did this transaction have on 2014 stockholders' equity and earnings per share, respectively? $\begin{array}{lll}&\underline{\text { Stockholders' Equity }}&\underline{\text { Earnings Per Share }}\\\text { A. } & \text { Decrease } & \text { No effect } \\\text { B. } & \text { Increase } & \text { No effect } \\\text { C. } & \text { Decrease } & \text { Decrease } \\\text { D. } & \text { Decrease } & \text { Increase }\end{array}$

• A) Option A
• B) Option B
• C)Option C
• D)Option D

Identify and calculate mean absolute deviation (MAD) as a measure of forecast error.

Know how to develop a forecast using simple exponential smoothing.

Understand and apply various forecasting models: moving average, exponential smoothing, and Holt's method.

Understand the relationship between physical characteristics and lung volumes/capacities.

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Definitions:

Closed at Par

A situation where a bond or preferred stock is bought or sold at its face value.

Dividend Yield

The Dividend Yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price, providing investors with insight into the income generated from an investment in its shares.

Price Appreciation

An increase in the value of an asset or investment over time.

Rate of Return

A measure of the profitability of an investment, calculated as a percentage of the original cost of the investment.