Answer:
(A) $1,655,500
(B) $5.52 per share
Explanation:
Ecker company announced a net income of $1,925,000
They also declare a cash dividend of $269,500
The company has 300,000 weighted average shares of common stock
(A) The amount of net income available to common stockhloders for 2017 can be calculated as follows
Net income available to common stockhloders= Net income- Preferred Cash dividend
= $1,925,000-$269,500
= $1,655,500
(B) The common basic EPS for 2017 can be calculated as follows
Common basic EPS= Net income available to stockholders/weighted average outstanding shares
= $1,655,500/300,000
= $5.52 per share
Answer:
There should be strong internal controls implemented and segregation of duties in the finance department.
Explanation:
There is lack of internal controls present in the company which may lead to fraud or errors. The employees assigned to record the transaction are not recording all the cash receipts and are missing some of the cash receipts which can cause errors during reconciliation. The sub divisions of finance department must be segregated and there should be a supervisor who should be responsible to review all the work done by these departments.
Answer:
The correct answer is B) The appropriateness of interventions
Explanation:
Managed care is evolving in many countries around the world.
One of the ways in which changes are becoming more prevalent is in the managed care industry is that due to competition, that players are beginning to take seriously the quality of health care being given to enrollees.
All of this is happening simultaneously with the bid to provide these services at the lowest cost possible with providers playing for marketing share.
In Managed care, if customers are treated fairly, they are most likely to return thus creating the possibility for sustained organic growth.
Cheers!
In the given scenario, Rembrandt Cosmetics accomplished its substitution primarily through strategic planning of equivalence.
<h3>What is strategic planning?</h3>
When the differences between two different strategic plans are identical, with other things being constant, such a situation is called as a strategic planning of equivalence.
Hence, strategic planning holds true regarding the given situation.
Learn more about strategic planning here:
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Answer:
$4.069 per share
Explanation:
Earning before tax:
= Earning before interest and tax - interest expense
= $776,000 - $150,000
= $626,000
Earnings available for equity shareholders:
= Earning before tax - Taxes
= $626,000 - $219,100
= 406,900
Earnings per share:
= Earnings available for equity shareholders ÷ No. of common stock outstanding
= 406,900 ÷ 100,000
= $4.069 per share
