Below Is the Common Equity Section (In Millions)The Firm Has

question 48

Multiple Choice

Below is the common equity section (in millions) The firm has never paid a dividend to its common stockholders. Which of the following statements is CORRECT?

• A) The company's net income in 2011 was higher than in 2010.
• B) The firm issued common stock in 2011.
• C) The market price of the firm's stock doubled in 2011.
• D) The firm had positive net income in both 2010 and 2011, but its net income in 2011 was lower than it was in 2010.
• E) The company has more equity than debt on its balance sheet.

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