The Following Information Is Available for Bradshaw Corporation and Newell

question 178

Multiple Choice

The following information is available for Bradshaw Corporation and Newell Corporation: Based on this information, the earnings per share calculations (rounded to two decimals) suggest

• A)lower performance in 2021 than in 2022 for Bradshaw Corporation.
• B)higher performance in 2022 than in 2021 for Bradshaw Corporation.
• C)less earnings available to Bradshaw's common stockholders in 2022 than in 2021.
• D)an increase in the average number of common shares outstanding between 2021 and 2022 for Bradshaw Corporation.

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Definitions:

Par Preferred Stock

A type of preferred stock that is issued at its nominal or face value, and typically has a fixed dividend rate.

Debit to Cash

An accounting entry that increases the cash balance in a company's books.

Paid-In Capital

The total amount of money investors have contributed to a company in exchange for equity.

Retained Earnings

The portion of net income that is not distributed to shareholders but instead retained by the company to reinvest in its core business or to pay debt.