Answer:
$2.51
Explanation:
Gena Manufacturing Company calculation for contribution margin unit
Using this formula
Fixed cost + Tax profit/Estimated sales units
Let plug in the formula
Where:
Fixed cost =$259,000
Tax profit=$126,034
Estimated sales units=153,400
Hence:
(259,000 + 126,034) / 153,400
=$385,034/153,400
= $2.51
Therefore the contribution margin that is required to attain the profit target will be $2.51
The Government agency and the organizations are the groups that are facilitated for the working by the government, privately or with government support.
<h3>What is Government agency?</h3>
The Government agency and the organizations are the groups that are operated either privately or by the government for the operation of the task.
The Government agency is defined as a public organization with the task to complete the work for the government.
The Government Contractor is a private business that works for the completion of the government work.
The Government Corporation is given as the establishment for the independent operation of the goods and services supported by the government.
Learn more about Government agency, here:
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It <span>would indicate the amount Expired.
Prepaid rent is a type of rent expense that you paid up-front for the future use.
In accounting, adjustment is made towards prepaid rent at the end of the year in order to find the true value ofremaining prepaid rent.
This value is being calculated by finding the fees of the rent per month and reducing it with the total by the end of the year</span>
Answer:
The company's earnings per share is $3.25.
Explanation:
Earnings per share (EPS) refers to a financial metric that shows an indication of the amount of money that is made a company for each share of its stock.
The earnings per share of Mayan Company can be calculated using the formula for calculating earnings per share as follows:
Earnings per share = Net income / Weighted-average common shares outstanding ..................... (1)
Where;
Net income = $32,500
Weighted-average common shares outstanding = 10,000
Substituting the values into equation (1), we have:
Earnings per share = $32,500 / 10,000
Earnings per share = $3.25
Therefore, the company's earnings per share is $3.25.
