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3 years ago

What is revenue for the business vocabulary

Business

1 answer:

notsponge [240]3 years ago

7 0

Answer:

Revenue is money earned by a business, or income received by the government from taxes

Explanation:

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On January 2, 2018, Bonita Industries issued at par $2020000 of 5% convertible bonds. Each $1000 bond is convertible into 10 sha

Kryger [21]

Answer:

Bonita’s diluted earnings per share for 2018 would be $3,80

Explanation:

Step 1 Calculate the Basic Earnings Per Share

Basic Earnings Per Share = Income Attributable to Common Stockholders / Weighted Average Number of Common Stocks

Income Attributable to Common Stockholders

Net income $902000

less Interest on bonds ($2020000×5%)×75% ($75,750)

Income Attributable to Common Stockholders $826,250

Basic Earnings Per Share =$826,250 / 197000

=$4,19

Step 1 Calculate the Diluted Earnings Per Share

Diluted Earnings Per Share =Adjusted Income Attributable to Common Stockholders / Adjusted Weighted Average Number of Common Stocks

Adjusted Income Attributable to Common Stockholders

Income Attributable to Common Stockholders $826,250

Add Interest on bonds ($2020000×5%)×75% ($75,750)

Income Attributable to Common Stockholders $826,250

Adjusted Weighted Average Number of Common Stocks

common stock outstanding 197000

add convertible bond ( $2020000/$1000×10 shares) 20200

Weighted Average Number of Common Stocks 217200

Diluted Earnings Per Share = $826,250/217200

= $3,80

6 0

3 years ago

Mackenzie is responsible for buying a week's supply of food and medication for the puppies and kittens at a local shelter. the f

Ira Lisetskai [31]

The budget is $4,240.

There are 164 kittens and 24 puppies.
Let
x = amount spent on each kitten
y = amount spent on each puppy.

The cost for each puppy is twice a much as that for a kitten. Therefore
y = 2x (1)

The available amount is $4,240, therefore
164x + 24y = 4240 (2)

Substitute (1) into (2).
164x + 24(2x) = 4240
212x = 4240
x = $20
y = 2x = $40

Answer: $40 for each puppy.

7 0

3 years ago

Accounts payable $ 18400 Accounts receivable 11000 Accumulated depreciation – equipment 28000 Advertising expense 20600 Cash 150

Debora [2.8K]

Answer:

$42,800

Explanation:

The computation of the net income for the year is shown below:

= Service revenue - advertising expense - depreciation expense - insurance expense - rent expense - salaries & wages expense - supplies expense

= $133,000 - $20,600 - $11,900 - $3,100 - $17,300 - $31,400 - $5,900

= $42,800

We simply deduct all the expenses from the service revenue so that the net income for the year could come

8 0

3 years ago

Foyert Corp. requires a minimum $6,900 cash balance. If necessary, loans are taken to meet this requirement at a cost of 2% inte

tekilochka [14]

Answer:

answer is attached

Explanation:

Download xlsx

7 0

3 years ago

When the economy is operating at point C, the Federal Reserve may decrease the discount rate to

brilliants [131]

Answer:

D ; increase growth

Explanation:

The discount rate is one of the tools that the Federal Reserve uses to direct monetary policy. Banks are subject to minimum reserves requirements. If a bank falls below this minimum, it can borrow from the banks with a surplus, or borrow from the federal reserve. If it borrows from the Fed, the interest rate that applies is the discount rate. The discount rate is always higher than the fed fund rate; hence, banks use it as a last resort.

The discount rate and the fed rate have similar effects on the economy. The Fed uses the discount rate to regulate the money supply in the country. When the growth in slow, the fed will reduce the discount rate. A low discount rate means the cost of borrowing money goes down. The impact is that individuals and businesses will afford to borrow money for consumption and investment.

Increased levels of investments and consumption will mean a higher GDP, which is growth.

7 0

3 years ago