Examlex
Which of the following statements is representative of the ranking technique of performance appraisal?
$1 Par Value
The nominal or face value assigned to a share of stock, with no necessary relation to the market value, set at $1 per share.
Earnings Per Share
A financial metric that divides net income by the number of outstanding shares, indicating the profit available to each share of stock.
Treasury Stock
Stocks initially released and later repurchased by the company that issued them, leading to a reduction in the available shares on the public market.
Purchases
The total amount spent on buying goods and services for either resale or use in production in a specific accounting period.
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