What Was the Average Price (Rounded to the Nearest Dollar)

question 41

Multiple Choice

What was the average price (rounded to the nearest dollar) of the additional shares issued by Levi in 2009?

• A)$5 per share
• B)$26 per share
• C)$39 per share
• D)Cannot be determined from the given information.Proceeds = Increase in common stock + increase in additional paid-in capital = $30 million + $128 million = $158 million
• Average issue price = Proceeds/Number of shares issued
• = $158 million/6 million shares = $26.33/share, rounded to $26 per share

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Definitions:

Concurrent Validity

The extent to which the results of a particular test or assessment correlate with those of a previously established measurement performed at the same time.

Dimensional Classification

An approach in psychology that quantifies symptoms or behaviors along a spectrum rather than categorically separating them into distinct conditions.

Categorical Classification

A system that organizes or classifies entities into distinct categories based on specific criteria or characteristics.

Diagnostic System

Refers to a standardized method used for identifying and classifying mental health disorders.