Recher Corporation's Common Stock Has a Par Value of $3

question 272

Multiple Choice

Recher Corporation's common stock has a par value of $3 per share and has been stable at a total value of $270,000 on the company's balance sheet for several years. The total stockholders' equity at the end of this year was $1,023,000 and at the beginning of the year was $1,010,000. Net income for the year was $17,500. Dividends on common stock during the year totaled $4,500. The market price of common stock at the end of the year was $3.76 per share.The company's book value per share at the end of the year is closest to:

• A) $11.37 per share
• B) $7.37 per share
• C) $0.19 per share
• D) $16.81 per share

Recognize the significance of Nightingale’s contributions and the core ethical principles in nursing.

Understand the importance of aligning performance management activities with organizational goals, environment, and HR functions.

Comprehend the key components of motivational theories such as expectancy theory and how they relate to performance management.

Identify and address issues related to performance appraisal processes, including legality, fairness, and effectiveness.

---

Definitions:

Computer Departments

Units within organizations focused on managing and supporting computer technologies and information systems.

CAT 5e

A category of Ethernet cable that provides performance of up to 100 MHz and is used for fast data transfer rates in networking environments.

Ethernet Cables

Wired technology used to connect devices within a local area network (LAN), such as computers, routers, and switches, facilitating internet and network communication.

Sample Size

The number of observations or data points collected in a statistical sample.