Ullrich Printing Inc. paid out $21,750 of common dividends during the year. It ended the year with $187,500 of retained earnings versus the prior year's retained earnings of $132,250. How much net income did the firm earn during the year?
A. $77,000
B. $80,850
C. $84,893
D. $89,137
E. $93,594
Answer: A
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On January 1, 2016, Wade Corporation had 24,000 shares of common stock outstanding. On April 1, it reacquired 2,400 shares; on July 1, it issued 10,800 shares; on October 1, it issued another 9,600 shares; and on December 1, it reacquired 900 shares. What was the weighted average number of common shares outstanding for 2016?
A) 26,950 B) 28,900 C) 29,925 D) 41,400
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What will be an ideal response?
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Which of the following statements about the World Trade Organization (WTO) is most accurate?
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