The Doubling of EPS Within 5 Years with Increases in Each

question 32

Multiple Choice

The doubling of EPS within 5 years with increases in each intervening year is called a(n) :

• A) Mission
• B) Long-term objective
• C) Action plan
• D) Short-term objective

---

Definitions:

Paid-in Capital

The amount of money that a company has received from shareholders in exchange for shares of stock.

Par Value

Par value, also known as nominal value, is the legally documented worth of a security's share, such as stocks or bonds, at the time of its issuance.

Stockholders

Individuals or entities that own shares in a corporation, providing them ownership interest.

Prior Period Adjustments

Adjustments made to the financial statements to correct errors or omissions in the financials of previous reporting periods.