Manner, Inc

question 125

Multiple Choice

Manner, Inc. has 10,000 shares of 5%, ₤100 par value, noncumulative preference shares and 20,000 ordinary shares with a ₤1 par value outstanding at December 31, 2017. There were no dividends declared in 2016. The board of directors declares and pays a ₤90,000 dividend in 2017. What is the amount of dividends received by the ordinary shareholders in 2017?

• A)₤0
• B)₤50,000
• C)₤90,000
• D)₤40,000

Analyze the effects of changes in blood pressure, blood volume, and solute concentration on renal function and urine production.

Calculate net filtration pressure based on given values for hydrostatic and osmotic pressures within the glomerulus and Bowman capsule.

Discuss the pathophysiology of kidney disorders such as glomerulonephritis and its impact on filtration membrane permeability.

Understand the significance of the quantities of filtrate and urine produced and the mechanisms that contribute to water and solute balance in the body.

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Definitions:

Cash Dividends

Payments made by a corporation to its shareholders, usually in the form of cash from its profits.

Net Income

The total earnings of a company after deducting all expenses, taxes, and losses from total revenue, indicative of the company's profitability.

Cash Dividend

Cash rewards issued to investors of a certain class by a firm, as determined by the firm's board based on the company's profits.

Common Shares Outstanding

The number of shares that are currently owned by investors, including restricted shares owned by company officers and insiders.