Shamrock Company Had Net Income of $30,000

question 186

Multiple Choice

Shamrock Company had net income of $30,000.On January 1,there were 8,000 shares of common stock outstanding.On April 1,the company issued an additional 2,000 shares of common stock.There were no other stock transactions.The company has an earnings per share of:

• A)$3.75
• B)$3.00
• C)$3.33
• D)$15.00
• E)$3.16

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Definitions:

Need Achievement Theory

A psychological theory that explores motivation and focuses on how an individual's need for achievement influences their behavior and performance.

TAT

Thematic Apperception Test, a projective psychological test that involves creating stories about ambiguous scenes and images, used to uncover a person's underlying thoughts, motives, and feelings.

Achievement Motivation

A drive within individuals to set and accomplish goals, often fueled by a desire for success and recognition.

Achievement Situations

Contexts or scenarios in which an individual's performance is measured and evaluated against a standard or against others.