Which of the following statements is FALSE:  

This epidemiological study follows an identified group or population at risk over a period of time to determine the exposure that causes disease. 

Grover Company has outstanding 10,000 shares of $10 par value common stock, which had been issued at $42/share. During 2023, Grover purchased 1,000 treasury shares for $45/share and on June 1, 2024, Grover resold 100 of the treasury shares at $42/share.  There were no other transactions involving this Treasury Stock.  What is the impact of the June 1, 2024 transaction on the following financial statement categories: I = Increase D = Decrease NE = No Effect   Assets Liabilities Stockholders’ Equity Paid-in-Capital Retained Earnings Net Income I I NE I NE D NE II I NE I NE NE I III NE NE NE NE D NE IV NE I NE NE D I

Flags, Inc. had an after tax income from continuing operations of $500,000 for the year.  During the year, Flags disposed of its Bunting division at a pretax loss of $70,000.  Prior to disposal, the Bunting division operated at a pretax loss of $155,000 for the year.  Assume a tax rate of 25%.  What is Flags, Inc. net income for the year?

You calculate an odds ratio of 2.8.  How would you interpret this odds ratio?  

Which of the statements below is true relative to using accounts receivable for secured borrowing? 

Which of the statements below is true relative to using accounts receivable for secured borrowing? 

Adventure Bay, Inc. has 500,000 shares of 5%, $50 par Preferred Stock outstanding.  If the Board of Directors of Adventure Bay, Inc. authorizes a full dividend, the journal entry on the date of declaration will include:

Zahler Company had the following transactions for the month of June: ​ ​Purchases Sales June 1 (balance) 3,200 @ $3.20 June 2 2,400 @ $5.50 3 8,800 @ 3.10 6 6,400 @ 5.50 7 4,800 @ 3.30 9 4,000 @ 5.50 15 7,200 @ 3.40 10 1,600 @ 6.00 22 2,000 @ 3.50 18 5,600 @ 6.00 ​ 25 800 @ 6.00 Assuming that perpetual inventory records are kept in dollars, the ending inventory on a LIFO basis is

Becker Company reported the following information for the year 2023: Net Income $1,600,000 Other Comprehensive Income $37,000 Cash Dividends paid on Preferred Stock $225,000 Cash Dividends paid on Common Stock $135,000 Common Shares Outstanding 600,000 Preferred Shares Outstanding 100,000 What is Becker Company’s Earnings Per Share for 2023?  Round your answer to two decimal points.