The Balance Sheets at the End of Each of the First

question 72

Multiple Choice

The balance sheets at the end of each of the first two years of operations indicate the following: $\begin{array}{lrr}&2017&2018\\\text { Total current assets } & \$ 600,000 & \$ 560,000 \\\text { Total investments } & 60,000 & 40,000 \\\text { Total property, plant, and equipment } & 900,000 & 700,000 \\\text { Total current liabilities } & 125,000 & 80,000\\\text { Total long-term liabilities } & 350,000 & 250,000 \\\text { Preferred } 9 \% \text { stock, } \$ 100 \text { par } & 100,000 & 100,000 \\\text { Common stock, } \$ 10 \text { par } & 600,000 & 600,000 \\\text { Paid-in capital in excess of par-common stock } & 60,000 & 60,000 \\\text { Retained earnings } & 325,000 & 210,000\end{array}$ ? Based on the above information, if net income is $130,000 and interest expense is $40,000 for 2017, what are the earnings per share on common stock for 2017 (round to two decimal places) ?

• A) $2.17
• B) $2.32
• C) $2.68
• D) $2.02

Apply Maslow's Hierarchy of Needs to prioritize nursing diagnoses.

Compose and evaluate nursing diagnosis statements using proper format and terminology.

Distinguish between objective data and nurse inferences in documentation.

Use cluster data to identify patient problems accurately.

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