Engines Incorporated Has Just Developed a Revolutionary Engine That Will

question 30

Multiple Choice

Engines Incorporated has just developed a revolutionary engine that will allow trucks to haul their loads across the country without stopping for fuel. This is an example of:

• A) technological improvement.
• B) technological progress.
• C) technical efficiency change.
• D) technological growth.

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Definitions:

Earnings Per Share

A financial ratio calculated as a company's net income divided by the number of outstanding shares of its common stock.

Par Value

Par value is the nominal or face value of a bond, stock, or coupon as indicated on a certificate or instrument, often used in the legal capital of a corporation.

Net Income

The amount of earnings left over after all expenses, including taxes and costs of goods sold, have been deducted from total revenue.

Stockholders' Equity Accounts

These accounts represent the owners' equity in a corporation, including common stock, retained earnings, and additional paid-in capital.