Cracker Company Had 2 Million Shares of Common Stock Outstanding

question 4

Multiple Choice

Cracker Company had 2 million shares of common stock outstanding all through 2012. On April 1, 2013, an additional 100,000 shares were sold and issued. On September 30, 2013, Cracker declared a 2-for-1 stock split. Net income in 2013 and 2012 was $10 million and $8 million, respectively. In the 2013 comparative financial statements, EPS (rounded) would be reported as follows:

• A)Option a
• B)Option b
• C)Option c
• D)Option d

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Definitions:

Lower-status Individual

A person perceived or designated as having less influence, power, or social standing compared to others within a group or society.

Intrusive Touch

Unwelcome or unsolicited physical contact that invades personal space.

Visual Dominance

A behavior pattern where individuals use visual cues, such as increased eye contact or stare, to assert dominance or convey power in social interactions.

Double Binds

Situations where an individual is given contradictory commands or expectations so that regardless of their choice, they cannot avoid criticism or failure.