For the Year That Just Ended, a Company Reports Net

question 112

Multiple Choice

For the year that just ended, a company reports net income of $1,500,000.There are 500,000 shares authorized, 300,000 shares issued, and 250,000 shares of common stock outstanding.What is the earnings per share?

• A) $5.00
• B) $2.50
• C) $6.00
• D) $3.00

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Definitions:

Relaxation Techniques

A variety of methods used to reduce stress and anxiety, promoting a state of calm and relaxation.

Stuffed Snake Doll

A plush toy designed in the shape of a snake, often used for comfort or decoration.

Venomous Snakes

Snakes that have venom glands and specialized teeth to deliver venom for hunting and self-defense.

Negative Reinforcement

A behavior modification process where the likelihood of a behavior is increased by removing or avoiding a negative outcome.