Answer:
It would be B,C,D on edge
have a great dauyyyy!!!
Explanation:
Answer:
a. EPS = $4.78 per share
b. Basic EPS = $4.41 per share
Explanation:
a. Compute the earnings per share (EPS) of common stock
Number of shares outstanding = 38,000 + 10,000 + 1,000 = 49,000
EPS = Net income ÷ Number of common shares outstanding = $234,000 ÷ 49,000 = $4.78 per share
b. Compute the basic earnings per share of common stock
Preferred dividend = 6,000 × $50 × 6% = $18,000
Basic EPS = (Net income - Preferred dividend) ÷ Number of common shares outstanding = ($234,000 - $18,000) ÷ 49,000 = $4.41 per share
Answer:
1. Cash (Dr.) $1,470
Accounts receivable (Cr.) $1,470
2. Account Receivable (Dr.) $5,020
Revenue (Cr.) $5,020
3. Salaries Expense (Dr.) $1,380
Cash (Cr.) $1,380
4. Cash (Dr.) $560
Revenue (Cr.) $560
5. Accounts Payable (Dr.) $1,800
Cash (Cr.) $1,800
6. Dividend Paid (Dr.) $340
Cash (Cr.) $340
7. Utilities Expense (Dr.) $440
Cash (Cr.) $440
Explanation:
The Blossom company has incurred expenses and various transactions which are recorded in the journal ledger to form the trial balance of the company. These transaction are recorded according to the company's expense and then these expense are charged to their respective accounts.
That statement is True.
The purpose of calculating Gross Domestic Product is to measure the market value of all the goods and services that produced by a country within a specific time period.
Gross Domestic Product is calculated using this formula:
Consumption + Gross Investment + Government investment + (Exports - Imports)
Answer:
A. $37,400 unfavorable
Explanation:
With regards to the above, variable overhead spending variance is computed as
= (Actual hours × Actual rate) - (Actual hours × standard rate)
= $649,400 - ( 34,000 × $18)
= $649,400 - $612,000
= $37,400 unfavorable
Therefore, Warp's variable overhead spending variance for the month of September is $37,400 unfavorable
