Oregon, Inc

question 76

Multiple Choice

Oregon, Inc. reported net income of $105,000. During the current year, the company had 5,000 shares of $100 par, 5% preferred stock and 10,000 of $5 par common stock outstanding. The company declared and paid all preferred dividends. Oregon's earnings per share is

• A) $8.00
• B) $18.00
• C) $5.08
• D) $5.00

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Definitions:

Impact Craters

Circular depressions on the surface of planets, moons, or other celestial bodies, formed by the high-speed impact of a meteoroid, asteroid, or comet.

Point Bar

A depositional feature made of sand and gravel that forms on the inside bend of streams and rivers.

Erosional Features

Landforms created by the removal of soil, rock, or sediment through water, wind, ice, or other natural forces.

Radar Image

A representation of objects produced through the use of radio waves, often utilized in weather monitoring and mapping terrain.