?

The Miami Medical Corporation financial statements follow: (Click the icon to view the consolidated balance sheets.) (Click the icon to view the consolidated income statements.) How many shares of common stock did Miami Medical have outstanding, on average, during 2018? (Hint: Compute earnings per share.) A. 35,168 million B. 138.4 million C. 20.2 million O D. 1,757 million 4 3 in Data Table (in Millions) Assets: Current assets Miami Medical Corporation Consolidated Statements of Financial Position Cash and cash equivalents Short-term investments Accounts and notes receivable Inventories, at cost Prepaid expense and other current assets Total current assets Property and equipment, net Investments Other non-current assets Total assets Liabilities and stockholder's equity: Print Done S S December 31, 2018 4,344 S 805 3,406 438 1,654 10,647 1,525 6,690 314 19,176 S 2017 4,249 504 2,403 406 1,230 8,792 926 5.323 188 15.229 din i Data Table Cunem lavillues Accounts payable Accrued and other liabilities Total current liabilities Long-term debt Other non-current liabilities Total liabilities Stockholders' equity Preferred stock and capital in excess of $0.02 par value; shares issued and outstanding: none Common stock and capital in excess of $0.05 par value; shares authorized: 6,000; shares issued: 2,032 and 1,777, respectively Treasury stock, at cost, 175 and 120 shares, respectively Retained earnings Other comprehensive loss Other Total stockholders' equity Print Done $ 7,707 S 3,787 11,494 315 1,683 13,492 7,820 (6,350) 4,326 (82) (30) 5,684 - X 6,015 3,055 9,070 316 1,178 10,564 7,010 (4,404) 2,141 (42) (40) 4.665 A Accrued and other liabilities Total current liabilities Long-term debt Other non-current liabilities Total liabilities Stockholders' equity Preferred stock and capital in excess of $0.02 par value; shares issued and outstanding: none Common stock and capital in excess of $0.05 par value; shares authorized: 6,000; shares issued: 2,032 and 1,777, respectively Treasury stock, at cost, 175 and 120 shares, respectively Retained earnings Other comprehensive loss Other Total stockholders equity Total liabilities and stockholders' equity Print Done 3,787 11,494 315 1,683 13,492 7,820 (6,350) 4,326 (82) (30) 5,684 S 19,176 S 3,055 9,070 316 1,178 10,564 7,010 (4,404) 2,141 (42) (40) 4.665 15,229 (C ng Data Table (In Millions, Except per Share Amounts) Net revenue Cost of goods sold Gross profit Miami Medical Corporation Consolidated Statements of Income Operating expenses: Selling, general, and administrative Research, development, and engineering Special charges Total operating expenses Operating income Investment and other income (loss), net Income before income taxes Income tax expense hinkime Print $ $ Year ended December 31, 2018 Done 42,788 S 35,168 7,620 3,442 565 4,007 3,613 175 3,788 1,135 2,653 $ 2017 35,523 $ 29,265 6,258 3,375 559 3,934 2,324 191 2,515 930 1,585 S 2016 I 30,105 25,412 4,693 2,983 535 515 4,033 660 (32) 628 485 143 X 4 Data Table (In Millions, Except per Share Amounts) Net revenue Cost of goods sold Gross profit Operating expenses: Selling, general, and administrative Research, development, and engineering Special charges Total operating expenses Operating income Investment and other income (loss), net Income before income taxes Income tax expense Net income Earnings per common share. Basic Print $ S TOME GIRL GIR 2018 Done 42,788 $ 35,168 7,620 3,442 565 4,007 3,613 175 3,788 1,135 2,653 S 1.51 S 2017 35,523 $ 29,265 6,258 3,375 559 3,934 2,324 191 2,515 930 1,585 S 0.97 S 2016 30,105 25,412 4,693 2,983 535 515 4,033 660 (32) 628 485 143 0.35