The Following Information Is Available for Bradshaw Corporation and Newell

question 86

Multiple Choice

The following information is available for Bradshaw Corporation and Newell Corporation: Based on this information, what is the amount of Bradshaw's earnings per share (rounded to two decimals) for 2014?

• A) $2.76
• B) $2.50
• C) $1.25
• D) $1.32

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Definitions:

Par Value

The face value of a bond or stock, as stated on the certificate, which is the amount the issuer agrees to pay at maturity (for bonds) or an arbitrary value assigned for shares.

Journal Entry

A record in accounting that represents a single transaction and its impact on the financial statements, made up of debits and credits.

Purchase Price

The amount of money paid or agreed to be paid by the buyer to acquire a good or service from the seller.

Treasury Stock

Stock that has been repurchased by the issuing company, reducing the amount of outstanding stock on the open market.