Davenport FINC620 week 1 quiz 2016

Question Question 1 Earnings per share A. will increase if net income increases and number of shares remains constant. B. will increase if net income decreases and number of shares remains constant. C. is number of shares divided by net income. D. is the amount of money that goes into retained earnings on a per share basis. E. None of these. 2 points Save Answer Question 2 Mart's Boutique has sales of $670,000 and costs of $460,000. Interest expense is $50,000 and depreciation is $55,000. The ta...

Question Question 1 Earnings per share A. will increase if net income increases and number of shares remains constant. B. will increase if net income decreases and number of shares remains constant. C. is number of shares divided by net income. D. is the amount of money that goes into retained earnings on a per share basis. E. None of these. 2 points Save Answer Question 2 Mart's Boutique has sales of $670,000 and costs of $460,000. Interest expense is $50,000 and depreciation is $55,000. The t...

Question Question 1 Earnings per share A. will increase if net income increases and number of shares remains constant. B. will increase if net income decreases and number of shares remains constant. C. is number of shares divided by net income. D. is the amount of money that goes into retained earnings on a per share basis. E. None of these. 2 points Save Answer Question 2 Mart's Boutique has sales of $670,000 and costs of $460,000. Interest expense is $50,000 and depreciation is $55,000. The t...