Sperle Corporation Has Provided the Following Data Concerning Its Stockholders

question 132

Multiple Choice

Sperle Corporation has provided the following data concerning its stockholders' equity accounts: Net income for Year 2 was $30,400.Dividends on common stock during Year 2 totaled $6,400.The market price of common stock at the end of Year 2 was $3.08 per share. The company's earnings per share for Year 2 is closest to:

• A)$8.18 per share
• B)$0.38 per share
• C)$0.54 per share
• D)$0.68 per share

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Definitions:

Discrimination Claim

A discrimination claim is a formal complaint made by an individual alleging unfair treatment or bias based on specific characteristics such as race, gender, age, or disability.

Title VII

A section of the Civil Rights Act of 1964 that prohibits employment discrimination based on race, color, religion, sex, or national origin.

Disparate-Impact

Disparate impact occurs when policies, practices, rules, or other systems that appear to be neutral result in a disproportionate impact on a protected group.

Employment Discrimination

The unfair treatment of employees or job applicants based on race, gender, age, religion, national origin, disability, or other protected characteristics.