After all closing entries have been entered and posted, the balance of the Income Summary account will be zero

Washington Enterprises had net income for 2016 of $103,000

Washington had 39,000 shares of common stock outstanding at the beginning of the year and 43,000 shares of common stock outstanding at the end of the year. There were 6,000 shares of preferred stock outstanding all year. During 2016, Washington declared and paid preferred dividends of $29,000. What is Washington's earnings per share? (Round the answer to two decimal places.) A) $2.51 B) $2.40 C) $1.80 D) $1.72

An invitation to go skiing over the weekend forced Donna to look at her current wardrobe. She realized that she required a warmer coat. Which of the following stages of the buyer decision process does Donna exemplify?

A) product evaluation B) situational analysis C) need recognition D) problem screening E) information search