Answer:
$156,000
Explanation:
Calculation to determine what The number of shares to be used in computing diluted earnings per share for the quarter is:
First step is to calculate the Net effect
Net effect=$27,000*$7/ $9 = $21,000
Net effect=$27,000k - $21,000
Net effect=$6,000
Now let calculate The number of shares to be used in computing diluted earnings per share for the quarter is
Numbers of shares =150,000 + 6,000
Numbers of shares= 156,000
Diluted EPS= 25,000/ 156,000
Answer:
$32,100
Explanation:
We know that
Total assets = Total liabilities + Shareholder equity
Where,
Total assets = Cash + supplies + equipment
= $30,000 + $600 + $10,000
= $40,600
And, the total liabilities would be
= Account payable
= $8,500
So, the amount of equity would be
= $40,600 - $8,500
= $32,100
The correct answer to this question is creating systems to monitor and implement ethical standards. Because here the company has
taken an action of setting up toll free hotlines to enforce ethical standards. It <span>talks about establishing systems and here in the given scenario toll free hotlines system has been established.</span>
Answer: Josh's bonus is $35,289.53.
In the question above, we need to look at the net savings that will occur from selling drinks instead of giving them as complimentary drinks. So we have,
Net Savings per year = $11.04 million
The company's MARR = 15%
Josh's bonus is 0.14% of the present value of three years' net savings.
Since the quantum of savings is constant each year, we can calculate the present value of these savings by using the Present Value of annuity formula.
![PVA = P * \left [\frac{1-(1+r)^{-n}}{r} \right ]](https://tex.z-dn.net/?f=%20PVA%20%3D%20P%20%2A%20%5Cleft%20%5B%5Cfrac%7B1-%281%2Br%29%5E%7B-n%7D%7D%7Br%7D%20%5Cright%20%5D%20)
PVA = Present value of three years' net savings = 25.20680529
million
Josh's bonus : 0.14% of present value of three years' net savings.
Josh's Bonus = $0.035289527
million or $35,289.53.
Answer:
Check the explanation
Explanation:
Using the percentage-of-completion method <em><u>(which is an accounting method or technique in which the earnings and expenses of contracts that are of long-term basis are documented as a percentage of the completed work during a particular period.)</u></em>
Total costs = Incurred costs + estimated costs to complete = $8 million + $12 million = $20 million
Revenue to recognize = $8m/$20m*$28m = $11.2 million
Gross Profit = Revenue recognized less costs incurred
= $11.2m - $8m = $3.2 million
