Use the Following to Answer Questions

question 28

Multiple Choice

Use the following to answer questions
The Ventura Company reported total stockholders' equity of $500,000 at December 31, 2010. In addition, there were 80,000 shares of common stock and zero shares of preferred stock outstanding for the entire year. During 2010, Ventura earned net income equal to $75,000, which included deductions of $7,000 for interest and $11,000 for income taxes. Total dividends paid to common stockholders during the year were $60,000. The company's statement of cash flows showed $56,000 in net cash inflows from operating activities, and its stock was selling for $17 per share on December 31, 2010.
-The cash flow per share was:

• A)$.30
• B)$.70
• C)$.75
• D)$.94

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Definitions:

Alcohol Content

The measure of the amount of ethanol (an intoxicating agent) present in alcoholic beverages, typically expressed as a percentage of volume or proof.

Droplets

Small drops of liquid, often referring to the particles expelled during coughing or sneezing, which can transmit infectious diseases.

General Duty Clause

A section of the Occupational Safety and Health Act that requires employers to provide employees with a safe and healthy workplace.

Recognized Hazards

Potential sources of harm or danger that have been identified and acknowledged, often in the context of workplace safety.