New Corporation Had Net Income for 2016 of $79,000

question 72

Multiple Choice

New Corporation had net income for 2016 of $79,000.New Corporation had 13,000 shares of common stock outstanding at the beginning of the year and 18,000 shares of common stock outstanding at the end of the year.There were 11,000 shares of preferred stock outstanding all year.During 2016,New Corporation declared and paid preferred dividends of $16,000.What is New Corporation's earnings per share? (Round the answer to two decimal places. )

• A)$4.39
• B)$4.06
• C)$5.10
• D)$3.50

Understand the structure and function of the eye and its components.

Describe the pathways of visual information from the eye to the brain.

Explain the theories of color vision and how we perceive color.

Distinguish between rods and cones and their roles in vision.

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Definitions:

Juxtaglomerular Apparatus

A structure in the kidney that regulates blood pressure and the filtration rate of the glomerulus by releasing renin.

Macula Densa Cells

Specialized cells in the kidneys that sense sodium concentration and regulate the rate of glomerular filtration.

Interstitial Osmolarity

The concentration of solutes in the interstitial fluid, affecting the movement of water between cells and the extracellular fluid.

Countercurrent Exchange

A mechanism that allows for efficient transfer of heat or matter between fluids flowing in opposite directions.