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2008 CFA Level 1 - Sample 样题(3)-Q40

40Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted.

Crockett, Inc. had 100,000 shares of common stock outstanding on 1 January 2007. The company has no plans to issue additional shares or purchase treasury shares during the year, but does plan either a 2-for-1 stock split or a 100% stock dividend on 1 July. The number of shares that will be used to determine earnings per share at 31 December 2007, if the company uses the 2-for-1 stock split or 100% stock dividend, respectively, is closest to:

      2-for-1 stock split 100% stock dividend

A.   150,000     150,000

B.    150,000     200,000

C.   200,000     150,000

D.   200,000    200,000

A. Answer A

B. Answer B

C. Answer C

D. Answer D

 

 a

TOP

d

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check out

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THX

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b

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 tx

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d

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D

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ok

TOP

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