A Corporation Has Net Income of $365,000 for the Current

question 9

Multiple Choice

A corporation has net income of $365,000 for the current year. It paid its required preferred dividend of $17,500 and had no other stock transactions during the year. The average number of common shares outstanding during the year was 69,500. What is the earnings per share?

• A) $5.84
• B) $5.00
• C) $4.37
• D) $1.00

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Definitions:

Hate Crimes

Criminal acts motivated by bias or prejudice towards particular groups, often defined by race, religion, sexual orientation, or ethnicity.

Defendant's Motive

The specific reason or intent behind a defendant's actions or behavior in the context of a legal proceeding.

Petit Apartheid

Small-scale segregation or discrimination practices, often informal, that occur daily.

Overt Racism

Blatant and openly displayed racism, without attempt to disguise the prejudice or discrimination.