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2 * 5. A corporation has 2,000 shares, 10% preferred stock of $50 par, and 6,000 shares of common stock outstanding. The net income for

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2 * 5. A corporation has 2,000 shares, 10% preferred stock of $50 par, and 6,000 shares of common stock outstanding. The net income for the year is $250,000. Calculate eaminge per share. A) 540 B) 842 $125 D) $50 " All available-la-sale (APS) investments are reported on the balance shoot ati OMIT A) net realizable value B) current market value. C) historical cost. D) replacement cost * Felix Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Felix Company Income Statement Year Ended December 31, 2015 $245,000 2,000 5,000 $252,000 Sales Revenue Interest Revenue Gain on Sale of Plant Aspa Total revenue and gains Cost of Goods Sold Salary Expense Depreciation Expense Other Operating Expense InterExpende Income Tax Expense Total Expenses Net Income (los) 118,000 43,000 13,000 25,000 1,500 5,500 206,000 $46,000 Additional information provided by the company includes the following: 1) Current assets, other than cash, increased by $20,000 2) Current liabilities decreased by $1,000 How much is the net cash provided by operating activities? A) $21,000 1329,000 $99,000 Unrealized holding gairts, or losses on trading Invetments are reported in the D) $34,000 Section of

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