For 2014 Fielder Corporation Reported Net Income of $30,000; Net

question 30

Multiple Choice

For 2014 Fielder Corporation reported net income of $30,000; net sales $400,000; and average share outstanding 16,000. There were no preferred dividends. What was the 2014 earnings per share?

• A) $0.08
• B) $0.53
• C) $25.00
• D) $1.88

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Definitions:

Control Group

In experimental research, this is the group of participants not exposed to the experimental treatment, serving as a baseline to compare with the experimental or treatment group.

Double-blind Study

A research experiment in which neither the participants nor the experimenters know who is receiving a particular treatment, eliminating bias in the results.

Dependent Variable

In an experiment, it is the variable being tested and measured, and is thought to be influenced by the independent variable.

Independent Variable

The variable in an experiment that is manipulated or changed by the researcher to observe its effects on the dependent variable.