Melrose Manufacturing Has Net Sales Revenue of $624,000,cost of Goods

question 34

Multiple Choice

Melrose Manufacturing has net sales revenue of $624,000,cost of goods sold of $274,560,net income of $95,360,and preferred dividends of $8,000 during the current year.At the beginning of the year,402,400 shares of common stock were outstanding,and,at the end of the year,429,600 shares of common stock were outstanding.A total of 1,000 preferred shares were outstanding throughout the year.The company's earnings per share for the current year is closest to:

• A)$1.50.
• B)$0.84.
• C)$0.21.
• D)$0.87.

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Definitions:

Anthropometric Measurements

Measurements of the human body’s physical dimensions and composition, such as height, weight, and body mass index (BMI), used to assess nutritional status and health.

Joint Mobility

The range of motion available at a joint, reflecting the flexibility and health of the joint structures.

Range Of Motion

The full movement potential of a joint, usually its range of flexion and extension.

Pressure Ulcer

A localized injury to the skin and/or underlying tissue, usually over a bony prominence, as a result of pressure.