MasterCracked Manufacturing Has After-Tax Profits That Total $725,000

question 71

Multiple Choice

MasterCracked Manufacturing has after-tax profits that total $725,000.If the firm has 250,000 shares, what is the amount of earnings per share?

• A)$1.25
• B)$2
• C)$2.90
• D)$2.50
• E)It is impossible to calculate earnings per share with this information.

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Definitions:

Computerized Billing

The use of digital systems to issue and manage invoices and billing for goods and services.

Electronic Medical Record (EMR)

A digital version of a patient's paper chart, used by healthcare providers for diagnosis and treatment, enhancing the efficiency and accuracy of patient data management.

Nonsufficient Funds Check

A check that cannot be processed because the account on which it is drawn does not have enough funds.

Practice Management (PM) Software

This category of software provides the medical office the electronic component to deal with day-to-day financial and administrative operations of a medical practice. The PM software is often integrated with an electronic medical record (EMR) system. This allows information to be pulled from the EMR and populated in the financial components of the patient account.