Dublin Inc

question 69

Multiple Choice

Dublin Inc. had the following common stock record during the current calendar year: A 10% stock dividend was paid on December 1. What is the number of shares to be used in computing basic EPS?

• A)2,075,000.
• B)2,282,500.
• C)2,475,000.
• D)2,620,000.

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Definitions:

Societal Impact

Societal impact involves the effect that actions or policies have on the well-being and functioning of a society.

Public Company

A rephrased descriptor for a business entity that issues shares of stock available to the public through stock exchanges or over-the-counter markets.

Legal Restrictions

Laws, regulations, or policies that limit or regulate certain behaviors, actions, or practices within a jurisdiction or under specific circumstances.

Initial Public Offering

The first time that the stock of a private company is offered to the public for purchase, typically to raise capital for expansion or operations.