Recher Corporation's Common Stock Has a Par Value of $3

question 145

Multiple Choice

Recher Corporation's common stock has a par value of $3 per share and has been stable at a total value of $270,000 on the company's balance sheet for several years. The total stockholders' equity at the end of this year was $1,023,000 and at the beginning of the year was $1,010,000. Net income for the year was $17,500. Dividends on common stock during the year totaled $4,500. The market price of common stock at the end of the year was $3.76 per share.The company's earnings per share is closest to:

• A) $7.37 per share
• B) $0.45 per share
• C) $0.30 per share
• D) $0.19 per share

---

Definitions:

Human Needs

fundamental requirements necessary for people to live healthy and well-balanced lives, including physiological, safety, love, esteem, and self-actualization needs.

Parent/Child Relations

The interactions, communication, and bond that form between parents and their children.

Personality Assessment

Methods or instruments used to evaluate individual character traits, behaviors, and patterns, contributing to psychological profiling and diagnosis.

Unconditional Personal Regard

In client-centered therapy, it refers to a therapist’s acceptance and support of a client regardless of what the client says or does.