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The Abel Company provided the following information from its financial records: Net income $ 250,000 Common shares outstanding 1/1 Common stock dividends $ 20,000 Common

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The Abel Company provided the following information from its financial records: Net income $ 250,000 Common shares outstanding 1/1 Common stock dividends $ 20,000 Common shares outstanding 12/31 Preferred stock dividends $ 25,000 Preferred shares outstanding 1/1 Sales $1,000,000 Preferred shares outstanding 12/31 200,000 300,000 10,000 6,000 What is the amount of the company's earnings per share? Multiple Choice O 5100 O $0.82 What is the amount of the company's earnings per share? $0.82 $0.75 $0.90 Milton Company has total current assets of $46,000, including inventory of $10,000, and current liabilities of $20,000. The company's current ratio is: o o o o The following balance sheet information was provided by O'Connor Company Assets Cash Accounts receivable Inventory Year 2 $ 4,000 15,000 $35,000 Year 1 $2,000 12,000 $38,000 Assuming that net credit sales for Year 2 totaled $270,000, what is the company's most recent accounts receivable turnover? Multiple Choice o 20 times O 18 umes Assuming that net credit sales for Year 2 totaled $270,000, what is the company's most recent accounts receivable turnover? Multiple Choice 20 times 18 times 77 times The Miller Company reported gross sales of $850,000, sales returns and allowances of $15,000 and sales discounts of $5,000. The company has average total assets of $500,000, of which $250,000 is property, plant, and equipment. What is the company's asset turnover ratio? Multiple Choice 170 times 1.66 times 1.67 times

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