Answer:
the expected annual profit for the number of beauticians is $70,000
Explanation:
The computation of the expected annual profit for the number of beauticians is shown below:
= 50 × 0.50 + 75 × 0.20 + 100 × 30
= 25 + 15 + 30
= 70
= $70,000
hence the expected annual profit for the number of beauticians is $70,000. The same is to be considered
All other information that are mentioned should be ignored
Answer:
B. each customer's reservation price.
Explanation:
Reservation price is the highest amount a buyer would be willing to pay for a good or service.
I hope my answer helps you
Answer:
The earnings per share for Bramble in 2020 is $2.99
Explanation:
This was arrived at by preparing income statement for 2020,where in the results from continued operations and discontinued were shown.
The income from continued operations attracted tax at 35% while the losses from the discontinued operations got a tax benefit at the same 35% tax rate.
Note that the earnings used in calculating earnings per share is net of preferred dividends as only earnings attributable to ordinary shareholders are considered.
Find attached spreadsheet for the full blown income statement and the calculation of earnings per share.
Answer:
the amount reported as land is $858,400
Explanation:
The computation of the amount reported as land is shown below;
= Purchase cost + raze old building cost + ownership cost + title guarantee cost - Proceeds from sale of salvaged materials
= $770,000 + $69,000 + $9,900 + $16,400 - $6,900
= $858,400
hence, the amount reported as land is $858,400
The same would be considered
Answer: The answers are DECLARATION; LIABILITY; REDUCED; HOLDER-OF-RECORD DATE
Explanation: Dividend is a sum of money aid regularly by a company to its owners. A Stockholder listed as an owner on the holder-of- record date is entitled to dividend when declared.
When a dividend is declared, it is stated as a liability as it becomes a debt to the organisation. This dividend payable is taken from the retained earnings of the organisation.