A Company Issues 5,000 Shares of $15 Par Common Stock

question 14

Multiple Choice

A company issues 5,000 shares of $15 par common stock.As a result, the earnings per share of the company _____.

• A) increases
• B) remains unchanged
• C) decreases
• D) equals to $15

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Definitions:

Generation Y

Also known as Millennials, this demographic cohort follows Generation X and is typified by their birth years from the early 1980s to the mid-1990s to early 2000s.

Work Ethic

A firm belief in the dignity and value of work and, therefore, important for favorably impressing a manager.

Morally Disengage

The cognitive process where individuals justify or rationalize behavior that is unethical or harmful, often to sustain self-esteem or adhere to group norms.

Unethical

Actions or behavior that violate moral or professional principles, often involving dishonesty, harm, or unfair treatment.