Astock listing contains the following information: p/e 17.5, closing price 33.10, dividend .80, ytd% chg 3.4, and net chg of -.50. which of the following statements are correct given this information?
i. the stock price has increased by 3.4% during the current year.
ii. the closing price on the previous trading day was $32.60.
iii. the earnings per share are approximately $1.89.
iv. the current yield is 17.5%.
a. i and ii only
b. i and iii only
c. ii and iii only
d. iii and iv only
e. i, iii, and iv only

In its first year of operations, sunland company recognized $30,000 in service revenue, $8,100 of which was on account and still outstanding at year-end. the remaining $21,900 was received in cash from customers. the company incurred operating expenses of $18,600. of these expenses, $12,880 were paid in cash; $5,720 was still owed on account at year-end. in addition, sunland prepaid $3,270 for insurance coverage that would not be used until the second year of operations. (a) calculate the first year's net earnings under the cash basis of accounting, and the first year's net earnings under the accrual basis of accounting.