Which one of the following will result from a stock repurchase? A. Increase in the number of shares outstanding B. Decrease in the earnings per share C. Decrease in the market price per share D. Increase in the market value of equity per share Dividends are best defined as: A. cash payments to shareholders. B. cash payments to either bondholders or shareholders. C. cash or stock payments to shareholders. D. cash or stock payments to either bondholders or shareholders. Margie used book and is the 100 percent owner and the store's manager. Which type of business entity does Margie she is personally liable for all the store's debts? A. Sole proprietorship B. Limited partnership C. Corporation D. Joint stock company. The primary goal of financial management is to maximize which one of the following for a corporation? A. Current profits B. Market share C. Number of shares outstanding D. Market value of existing stock The Good Life store has sales of $79, 6000. The cost of goods sold is $48, 200 and the other costs are $18, 700. Depreciation is $8, 300 and the tax rate is 34 percent. What is the net income? A. $2, 904 B. $8, 382 C. $11, 204 D. $14, 660 For the year, Mowers United has not income of $31.800, net new equity of $7, 500, and an addition to retained earnings of $24, 200. What is the amount of the dividends paid? A. $100 B. $7.500 C. $7.600 D. $15, 100 The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to A. Maximize its expected total corporate income B. Maximize its expected EPS. C. Minimize the chances of losses. D. Maximize the stock price per share over the long run, which is the stock's intrinsic value