Melrose Manufacturing Has Net Sales Revenue of $624,000,cost of Goods

question 34

Multiple Choice

Melrose Manufacturing has net sales revenue of $624,000,cost of goods sold of $274,560,net income of $95,360,and preferred dividends of $8,000 during the current year.At the beginning of the year,402,400 shares of common stock were outstanding,and,at the end of the year,429,600 shares of common stock were outstanding.A total of 1,000 preferred shares were outstanding throughout the year.The company's earnings per share for the current year is closest to:

• A)$1.50.
• B)$0.84.
• C)$0.21.
• D)$0.87.

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Definitions:

Androcentrism

A perspective where male or masculine interests, traits, and positions of authority are prioritized over female or feminine ones.

Macrosociology

The branch of sociology that deals with the analysis of large-scale social systems and major social structures.

Patriarchy

A social system in which men hold primary power and predominate in roles of political leadership, moral authority, social privilege, and control of property.

Alternative Femininities

Diverse expressions and identities of femininity that challenge traditional gender norms and stereotypes.