Washington Enterprises Had Net Income for 2016 of $103,000

question 47

Multiple Choice

Washington Enterprises had net income for 2016 of $103,000.Washington had 39,000 shares of common stock outstanding at the beginning of the year and 43,000 shares of common stock outstanding at the end of the year.There were 6,000 shares of preferred stock outstanding all year.During 2016,Washington declared and paid preferred dividends of $29,000.What is Washington's earnings per share? (Round the answer to two decimal places. )

• A)$2.51
• B)$2.40
• C)$1.80
• D)$1.72

Recognize the role of psychosexual stages in shaping adult personality and behavior.

Illustrate how psychoanalysis interprets psychological disorders as psychogenic.

Understand the concept of fixed and variable costs in business operations.

Calculate and understand the impact of economic profits and losses on business decisions.

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Definitions:

Achieving Health

The process of reaching a state of complete physical, mental, and social well-being, not merely the absence of disease.

Mutual Aid

A cooperation principle where individuals work together for mutual benefits, often seen in communities and emergency responses.

Reducing Inequities

The process of minimizing disparities or unfair differences among groups of people, particularly in health, economic opportunity, and access to resources.

Enhancing Coping

Strategies or interventions aimed at improving an individual's ability to manage and adapt to stressful situations or challenges effectively.