The Number of Shares Outstanding a Company Has Will Affect

question 8

True/False

The number of shares outstanding a company has will affect its earnings per share and price/earnings ratio.

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Definitions:

Secondarily Liable

Liability that is not primary but comes into effect when the party with primary liability has failed to fulfill an obligation.

Indorsers

Individuals who endorse or sign their name on the back of a document or cheque, thus transferring responsibility or ownership to another party.

Drawers

In banking and finance, individuals or entities that write and issue a check or draft instructing a bank to pay a specific amount from the drawer's account.

Accommodation Maker

A person who signs a loan agreement as a guarantor without receiving any benefits from the loan.