Rockwell Plc Had Net Income of £150,000 for the Last

question 7

Multiple Choice

Rockwell plc had net income of £150,000 for the last financial year.The company decided to pay out 40% of earnings per share as a dividend.Rockwell has 120,000 shares issued and outstanding.
What are the retained earnings?

• A)£ 40,000
• B)£ 60,000
• C)£ 90,000
• D)£150,000
• E)None of the above.

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Definitions:

Graduated Receptacle

A container marked with units of measurement used for accurately measuring liquids or other substances.

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An infection acquired by patients during the course of receiving treatment for other conditions within a healthcare setting.

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A set of specific practices and procedures performed under strictly controlled conditions with the aim of minimizing contamination by pathogens.

Clean Technique

A set of infection prevention practices that aim to reduce the risk of spreading pathogens, particularly in medical and healthcare settings.