28. (TCO 5) When a stock split occurs, earnings per share must be adjusted (Points : 5)
over the next 2 years.
Nothing needs to be adjusted.
29. (TCO 6) Which of the following ratios represents dividends per common share, in relation to market price per common share? (Points : 5)
Book value per share
30. (TCO 6) Using financial leverage is a good financial strategy from the viewpoint of stockholders of companies having (Points : 5)
a high debt ratio.
cyclical highs and lows.
steady or rising profits.
a steadily declining current ratio.