Does an increase in gdp per capita of a nation imply that all its citizens have become richer?
a. no, because the average income per capita does not give as good a measure as the purchasing power parity (ppp) of the average citizen in a nation.
b. no, because the average income per capita of a nation is not the same as the income of each individual in that nation.
c. yes, because an increase in the average income per capita means that purchasing power parity (ppp) has also increased, making all citizens richer.
d. yes, but only if the average is above the poverty level of $1.25 per day.

At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation