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Platinum Company Reports Net Income of $520,000 for 2009 and Declared

question 108

Multiple Choice

Platinum Company reports net income of $520,000 for 2009 and declared a cash dividend of $1 per share on each of its 100,000 shares of common stock outstanding. What are earnings per share for 2009?

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Definitions:

Therapeutic Change

The process of transformation or improvement in a client's thoughts, feelings, behaviors, or overall well-being through therapy.

Insight

The understanding and awareness of the underlying causes of one's thoughts, feelings, and behaviors.

Unconditional Positive Regard

A term in psychology associated primarily with humanistic approaches, particularly Carl Rogers, describing an attitude of total acceptance and support toward another person regardless of what they say or do.

Accurate Empathy

The skill of understanding a client's thoughts, feelings, and struggles from their point of view.

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