Andromeda Industries Had 300,000 Shares of Common Stock with a $3

question 24

Multiple Choice

Andromeda Industries had 300,000 shares of common stock with a $3 par value and retained earnings of $180,000.In 2010, earnings per share were $1.80.In 2009, the stock was split 3 for 1.Which of the following would not result from the stock split?

• A) The new shares would total 900,000.
• B) The total amount in the capital stock account would remain the same.
• C) The par value would become $1.
• D) Retained earnings would be reduced.
• E) The earnings per share for 2006 would be restated at $0.60.

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Definitions:

Nonhemolytic Febrile Reaction

A type of transfusion reaction characterized by fever without the destruction of red blood cells, typically caused by antibodies against donor white blood cells.

Intravenous Cannula

A thin tube inserted into a vein, usually in the hand or arm, to administer medications, fluids, or to collect blood samples.

Pretransfusion Vital Signs

The essential measurements of a patient's health status, such as blood pressure and pulse, taken before starting a blood transfusion.

Systemic Response

The body's widespread reaction to an infection, injury, or other stimulus, potentially involving multiple organ systems.