Beck Company Has the Following Data Available What Are the Earnings Per Share for Beck Company in Income}

question 8

Multiple Choice

Beck Company has the following data available:
$\begin{array}{l}\begin{array}{lll}\\\text { Net Income}\\\\ \underline{\text { Stockholders' Equity:}}\\\text { Common Stock \$5 par}\\\text { Retained Earnings}\\\text { Total Stockholders' Equity}\\\end{array}\begin{array}{lll} \underline{2 X 13}& \underline{2 X 12} & \underline{2 X 11} \\\underline{\$ 64} & \underline{\underline{\$ 56}} & \underline{\underline{\$ 52}}\\\\\\\$ 50 & \$ 50 & \$ 50 \\\underline{75} & \underline{60} & \underline{40} \\\underline{\$ 125} & \underline{\underline{\$ 110}} & \underline{\underline{\$ 90}}\\\end{array}\end{array}$
What are the earnings per share for Beck Company in 2X13? Have the earnings per share improved or not improved since 2X12?

• A)$1.28,improved
• B)$1.28,not improved
• C)$6.40,improved
• D)$6.40,not improved
• E)$12.80,not improved

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Definitions:

Greater Percentage

A proportion or share expressed as a fraction of 100 that is larger relative to a comparison figure or within a total.

Gross Investment

Total amount spent on new capital assets without deductions for depreciation.

Rose/Fell

Terms used to indicate an increase (rose) or a decrease (fell) in a numerical value or metric.

GDP

GDP measures the aggregate value of all goods and services made within the confines of a nation over a specified period.