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:

Environmental Determinants

Factors within one's surroundings that significantly impact an individual's development, behavior, and wellbeing.

Psychoanalytic Approach

A theory of psychology developed by Sigmund Freud that focuses on unconscious processes, childhood experiences, and sexual and aggressive instincts in influencing human behavior and personality.

Collectivist Culture

A societal structure where individuals prioritize the goals and needs of the group or community over personal desires.

Personal Achievement

The accomplishment of personal goals or objectives through individual effort or skill, often resulting in personal satisfaction.