Oregon, Inc

question 71

Multiple Choice

Oregon, Inc. reported net income of $105,000. During the current year, the company had 5,000 shares of $100 par, 5% preferred stock and 10,000 shares of $5 par common stock outstanding. Oregon's earnings per share is

• A) $8.00
• B) $18.00
• C) $5.08
• D) $5.00

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Definitions:

Market Situations

Scenarios or conditions prevailing in a market that influence the behavior of market participants, including competitiveness, demand, and supply dynamics.

Tax Burden

The measurement of taxes paid by an individual or business, often expressed as a percentage of income or as the total amount of taxes paid.

Buyers

Individuals or entities that purchase goods or services in a market.

Sellers

Sellers are individuals or entities that offer goods or services in exchange for payment, playing a central role in market economies.