New Corporation Had Net Income for 2016 of $80,000

question 78

Multiple Choice

New Corporation had net income for 2016 of $80,000.New Corporation had 13,000 shares of common stock outstanding at the beginning of the year and 24,000 shares of common stock outstanding at the end of the year.There were 12,000 shares of preferred stock outstanding all year.During 2016,New Corporation declared and paid preferred dividends of $21,000.What is New Corporation's earnings per share? (Round the answer to two decimal places. )

• A)$3.33
• B)$3.19
• C)$4.32
• D)$2.46

Comprehend the implications of workforce reduction strategies for an organization.

Grasp how market wage rates can be utilized for forecasting the supply of human resources.

Understand the concept of knowledge, skills, and abilities (KSAs) and their relevance to job families.

Recognize the legal considerations involved in job analysis processes.

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Definitions:

Mary Parker Follett

An early 20th-century social worker and management consultant who emphasized the importance of human relations and collaborative management in organizations.

Maslow

A theory of human motivation that suggests people are motivated by a hierarchy of needs, starting from basic physiological needs to self-actualization.

Self-Actualized

Pertaining to the state of having achieved one's full potential, often associated with realizing personal talents and capabilities.

Hawthorne Effect

The tendency of persons singled out for special attention to perform as expected.