1. The valuation of common stock primarily depends on:
A-the number of shares outstanding and the number of its shareholders
B- the future earnings per share and its discount rate.
C- what the market expects future cash flows to be and its discount rate.
D- Wall Street analysts.
2. Sharing accounting information with employees may
result in shirking on the job.
help the latter make better decisions.
lead to demands for longer vacations.
result in lower morale.