ve as a guide to investors as to the attr
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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7. Basic earnings per share will serve as a guide to investors as to the attractiveness of ordinary shares as an investment.
TRUE
FALSE
8. Book value per share is computed by dividing the net assets to the total number of shares outstanding.
TRUE
FALSE
9. Which of the following is entitled to dividends?
Total outstanding liability
Total authorized shares
Total shares issued
Total shares issued, net of treasury shares
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