Answer:
-260,000 current earings and profits
Explanation:
From the taxable income we are going to adjust to get the current earnings and profits
-500,000 taxable income
-20,000 non-deductible expenses
+10,000 exempt taxes
+250,000 deferred gain
-260,000 current earings and profits
Answer:
Price
Explanation:
While there could be more than one factor that influences a customer's decision to buy a product, the underlining factor that has the most weight with regards to decision making is the price.
If a customer wants to buy a jacket that costs $4.99 and sees another store selling a jacket of the same quality or even less quality at $3.50, he is likely to buy the cheaper one in order to save some extra cash. It is linked with the purchasing power of the customer.
Answer: expenses to be understated
Explanation:
Answer: d. coupon bond that pays a fixed coupon rate and does not mature.
$3250
Explanation:
A consol is a coupon bond that pays a fixed coupon rate and does not mature. Consols are consolidated annuities that are perpetual. A steady amount of interest is paid for a consol even though they're not redeemable
Price of a consol will be gotten as fixed coupon amount divided by the rate of return. Let's assume that the fixed coupon amount is $65, then the price will be:
= 65/2%
= $3250
Answer:
$0.86
Explanation:
Earnings per Share = Earnings attributable to holders of Common Stock ÷ Weighted Number of Common Stocks Outstanding.
where,
Earnings attributable to holders of Common Stock = $163.82 million
and,
Weighted Number of Common Stocks Outstanding = 191.33 million
Therefore
Earnings Per Share = $163.82 million ÷ 191.33 million
= $0.86
