Answer:
297,500 shares
Explanation:
Basic Earning per share is calculated dividing Earning for the year excluding preferred dividend by weighted average number of shares.
Weighted average number of shares are used to calculate the basic earning per share.
Weighted Average Number of Diluted Shares = (300,000 x 6/12 ) + ( 300,000 x 105% x 3/12 ) + [ ( (300,000 x 105%) - 40,000) x 3/12 ) ]
Weighted Average Number of Shares = 150,000 + 78,750 + 68,750
Weighted Average Number of Shares = 297,500 shares
Answer:
Explanation:
A forward exchange rate is the quoted price for a unit of foreign currency to be delivered at a specified date in the future.
The government sets a fixed exchange rate that is allowed to fluctuate only slightly (if at all) around the par value.
When American customers import more from Europe than they export to Europe, the euro appreciate relative to the dollar.
The depreciation or appreciation of a currency refers to a decrease or increase, respectively, in the foreign exchange value of a floating currency.
Under a managed floating regime, the government plays a significant role in managing the exchange rate by manipulating the currency's supply and demand.
Currencies under such a regime are nonconvertible currencies.
Answer:
A global nuclear war that obliterates civilization as we know it.
A nearby star going supernova and bathing the planet in X-rays.
An asteroid the size of Texas strikes the planet. The dominant species suffers catastrophic extinction. Again.
Answer & Explanation:
a). The contract between Lisa and Bob is valid and enforceable as a valid contract is an agreement between parties lacking no element. The contract was very detailed and well discussed regardless of Bob drinking it is still enforceable unless Bob can proof that the intoxication impaired his judgement and made him incompetent to sign the contract thereby making it void.
b). The contract will be valid if Bob signed it before the drinks arrived as the document was complete and his signature show acceptance of the terms of the contract.
c). A minor can not enter into a contract as they may lack the capacity to enter into a valid contract. As such, if Bob was a minor regardless of him being sober any contract signed by him can be completely voidable.
