Exhibit 3.1 the Balance Sheet and Income Statement Shown Below Are for Are

question 12

Multiple Choice

Exhibit 3.1
The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over.

-Refer to Exhibit 3.1.What is the firm's EPS?

• A) $5.84
• B) $6.15
• C) $6.47
• D) $6.80
• E) $7.14

---

Definitions:

Personalities

Refers to the unique set of characteristics, traits, and behaviors that make up an individual's distinctive character.

Outcome

The result or consequence of an action, decision, or situation.

Munich Crisis

An event in 1938 where European powers, including Britain and France, conceded to Nazi Germany's annexation of Czechoslovakia's Sudetenland in an attempt to avoid war.

Appeasement

A diplomatic policy aimed at avoiding conflict by making concessions to another nation.