Year 2 year 1 total current assets $600,000 $560,000 total investments 60,000 40,000 total property, plant, and equipment 900,000 700,000 total current liabilities 150,000 80,000 total long-term liabilities 350,000 250,000 preferred 9% stock, $100 par 100,000 100,000 common stock, $10 par 600,000 600,000 paid-in capital in excess of par—common stock 60,000 60,000 retained earnings 325,000 210,000 if net income is $125,000 and preferred dividends are $9,000 for year 2, what is the earnings per share on common stock for year 2? a. $2.08 b. $1.75 c. $0.19 d. $1.93

Which of the following best describes biochemical evidence that would not support the modern concept of evolution? a. a bacterium that uses inorganic materials to produce energy b. an organism that does not undergo cellular respiration c. a species of bacteria that is capable of photosynthesis d. an organism that undergoes both aerobic and anaerobic respiration

Morgana company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $168,000, $315,900, an $97,200, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,100, machine hours 24,300, and number of inspections 1,800. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups. b. we cannot infer anything from these data since the distribution of salaries is likely right skewed. c. you cannot draw any valid conclusions because the sample sizes are different. d. more students should complete internships because having an internship produces a higher salary.