Which of the Following Statements Is Correct for a Firm

question 65

Multiple Choice

Which of the following statements is correct for a firm with 100,000 outstanding shares and earnings per share of $6 if retained earnings were just adjusted downward by $50,000?

• A)A $5.50 dividend per share was paid
• B)A $6.50 dividend per share was paid
• C)net earnings equal $650,000
• D)total dividends paid equal $50,000

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Definitions:

Weights

A measure of the heaviness of an object or the importance assigned to elements in a computational operation.

Police Officers

Law enforcement members responsible for maintaining public order, enforcing laws, and preventing, detecting, and investigating criminal activities.

Whiskers

In a box plot, the lines that extend from the quartiles to the furthest data points within a reasonable range, representing the spread of the bulk of the data.

Box Plot

A graphical representation of a dataset that shows the distribution's minimum, first quartile, median, third quartile, and maximum.