Which of the Following Will Increase Earnings Per Share

question 58

Multiple Choice

Which of the following will increase earnings per share?

• A)A ten percent increase in net income and a ten percent increase in the average number of shares of common stock outstanding
• B)A ten percent decrease in net income and a ten percent increase in the average number of shares of common stock outstanding
• C)A ten percent increase in net income and a ten percent decrease in the average number of shares of common stock outstanding
• D)A ten percent decrease in net income and a ten percent decrease in the average number of shares of common stock outstanding

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Definitions:

Holiday Selling Season

A specific period within the year, often in late November and December, during which retailers experience a significant increase in sales due to holiday shopping.

Derived Demand

A demand for a commodity or service that arises from the demand for another commodity or service, for example, the demand for steel being derived from the demand for cars.

Containers

Objects or spaces that are designed to hold, store, or transport goods and materials.

Competitive Bids

Offers submitted by several suppliers or contractors to complete a specific job or supply goods at competitive prices.