Selected Items from the Financial Statements for Key Company Are

question 75

Multiple Choice

Selected items from the financial statements for Key Company are listed below: Key Company has 5,000 common shares outstanding during the year.What are the earnings per share for the year ended December 31,2010?

• A)$12.00
• B)$15.00
• C)$20.00
• D)$25.00

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Definitions:

Par Value

The face value of a bond or a stock's stated value per share, which may bear no relation to its market value.

Price-Earnings Ratio

A financial ratio that measures a company's current share price relative to its per-share earnings, indicating the value assigned by the market for every dollar of earnings.

Financial Analysis

The process of evaluating businesses, projects, budgets, and other finance-related transactions to determine their performance and suitability.

Financial Condition

A snapshot of a company's financial health, represented by its assets, liabilities, and equity positions at a given time.