-According to the Above Table

question 106

Multiple Choice

$\begin{array}{llcc} \text { Net sales reverule } &\$900,000 \\ \text { Expenses } &\$500,000\\ \text { Interest } &\$10,000\\ \text { Income tax expense } &\$90,000\\ \text {Net cash from operations } &\$290,000\\ \text { Fixed Assets end of currert year } &\$600,000\\ \text { Liabilities end of current year } &\$100,000\\ \text { Stockholders \({ } ^ { ' }\) equity end of curent year } &\$500,000\\ \text { Fixed Assets end of previous year } &\$590,000\\ \text { Stockholders \({ } ^ { ' }\) equity end of previous year } &\$490,000\\ \text { Common stock outstanding} &40,000 \text {shares}\\ \text {Curent market price of stock } &\$15 \text { share}\\\end{array}$


-According to the above Table.Calculate the earnings per share for the current year.

• A)$7.25
• B)$7.50
• C)$10.00
• D)$20.00

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Definitions:

Civic Nationalism

A form of nationalism where the state derives political legitimacy from the active participation of its citizenry, regardless of their race, ethnicity, or religion.

Political Institutions

Structures and systems that organize, govern, and manage public affairs, including legislatures, courts, and administrative agencies.

Late Eighteenth Century

A period roughly spanning from 1770 to 1800, characterized by significant political, technological, and social changes including the American Revolutionary War and the early stages of the Industrial Revolution.

Freedoms and Rights

Entitlements and liberties that are considered fundamental to human dignity and are often protected by law or custom.