Answer:
$5.31
Explanation:
Earnings per share = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding
<em>where,</em>
<u>Earnings Attributable to Holders of Common Stock is :</u>
Net Income $650,000
Less Preference Stock dividend ($71,000)
Earnings Attributable to Holders of Common Stock $579,000
<em>and</em>
<u>Weighted Average Number of Common Stocks Outstanding :</u>
Common Stocks at Beginning outstanding 100,000
Stocks Sold at Weighted Average (18,000 / 2) 9,000
Weighted Average Number of Common Stocks Outstanding 109,000
therefore,
Earnings per share = $579,000 ÷ 109,000
= $5.31
The 2021 basic earnings per share is $5.31.
Answer:
Total revenue at breakeven is $1,508,042
Explanation:
Breakeven point in units = Fixed cost / Selling price -Variable cost per unit
Breakeven point in sales revenue = Fixed cost / (Selling price* x)- (Variable cost per unit * x)
In this case,
Fixed cost= $1.5 million
Selling price =$75
Variable cost per unit =40 cents
Breakeven point in units = 1,500,000 million/ 75 -0.4
Breakeven point in units = 20,107
Breakeven point in units sales = 20,107 * 75
Breakeven point in units sales = $1,508,042
A lot of total consumer BC the price is fair to their prices
The statement "In order to be successful, salespeople should have the knowledge about how to analyze data and situations and use the Internet." is True. This is further explained below.
<h3>What are salespeople?</h3>
Generally, a person whose duty it is to sell goods or services in a specific area, whether in a physical location or over the phone
In conclusion, It is true that salespeople need to understand how to use the Internet and assess data and circumstances if they want to succeed.
Read more about salespeople
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