Questions 35-36 are based on the following information.   MANGO Corporation had 150,000 shares of common stock and 20,000 shares of 6%, $100 par convertible preferred stock outstanding during the year. Net income for the year was $550,000 and dividends were paid to both common and preferred shareholders. MANGO’s effective tax rate is 30%.   Each share of preferred stock is convertible into five shares of common stock.     What is MANGO’s basic earnings per share (rounded)?    

INTER Enterprises had the following pretax income (loss) over its first four years of operations:   2022             $   550,700               2023                1,000,000              2024               (3,025,000)  2025                8,790,000                There were no temporary or permanent differences in any year and the tax rate was 25%. No valuation account was deemed necessary for the deferred tax asset as of December 31, 2024.   INTER uses the carryforward method when calculating its taxes. What amount should INTER report as income tax payable in 2025?  

Use the information below to answer #7 – 8:   During 2024, its first year of operations, CREME Co. earned $10,000,000 in pretax accounting income. – An installment sale of property in the amount of $2,600,000 was included in 2024 pretax accounting income. However, for tax purposes, CREME reported the income in the year the cash was collected. Cash collected on the installment sale was $1,900,000 in 2024 and expected to be $700,000 in 2025. – In 2024, CREME also paid premiums of $150,000 on an executive’s life insurance policy. – The income tax rate is 25% in 2024 and thereafter.   The next year, in 2025, CRÈME earned pretax accounting income of $9,000,000. There are no other additional permanent or temporary differences. What is income taxable payable for 2025?  

How do we apply genetic programming to a problem? Outline each step and expand the steps using an example such as Pythagorean Theorem.

Which of the following is true of gonococcal ophthalmia neonatorum?

A preterm infant in your unit has a small hemangioma on her back that started as a pinpoint and has increased to the size of a pencil eraser over the past 6 weeks. What will you tell the parents about the expected course and plan of treatment?

You are called to examine a three hour old well newborn for cutaneous rash. On exam you observe scattered vesicopustules and pigmented macules over the face, chest and back. Which neonatal condition is this? 

A small for gestational age infant has hepatosplenomegaly, jaundice, thrombocytopenia, neutropenia, and purpura. The infant does not pass the newborn hearing screen. What kind of hearing loss is this infant most likely to have?

A term female is born to a mother who is HIV positive. The mother received Zidovudine therapy during pregnancy, labor, and delivery. How soon after birth should Initiation of Zidovudine therapy in the newborn be started?

Match the clinical presentation seen in the eye with the differential diagnosis.