Financial Statements for Larned Company Appear Below: Dividends

question 63

Multiple Choice

Financial statements for Larned Company appear below: Dividends during Year 2 totaled $263 thousand, of which $12 thousand were preferred dividends.
The market price of a share of common stock on December 31, Year 2 was $160.

-Larned Company's earnings per share of common stock for Year 2 was closest to:

• A)$18.39
• B)$27.22
• C)$19.06
• D)$11.03

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Definitions:

ADHD

Attention Deficit Hyperactivity Disorder, a neurodevelopmental disorder characterized by patterns of inattention, hyperactivity, and impulsivity that are not appropriate for a person’s age.

Interrupts

Signals that inform a computer or device to temporarily halt its current processes to address an event or execute a higher priority task.

Forgets

The failure to retrieve a memory or information from the brain, which can occur for various reasons, including the decay of memory traces or inadequate encoding.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a comprehensive classification and diagnostic tool used by mental health professionals.