Net Devices Inc

question 96

Multiple Choice

Net Devices Inc. The following balance sheets and income statements are for Net Devices Inc.,a manufacturer of small electronic devices,including calculators,personal digital assistants and mp3 players.For purposes of these questions assume that the company has an effective tax rate of 35%.
BALANCE SHEETS
Refer to the information for Net Devices Inc.What is Net Devices' earnings per share for 2011?

• A) $1.00
• B) $1.70
• C) $1.96
• D) $0

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Definitions:

Process

A series of actions or steps taken in order to achieve a particular end.

Knowledge Adaptation

The process of adjusting and applying acquired knowledge to new situations or contexts.

Improvise Fixes

The ability to quickly come up with solutions or workarounds in unexpected situations or when facing problems.

Marketplace Trends

Observations of general directions in which markets move, influenced by consumer behavior, technological advancements, and economic factors.