1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marta_Voda [28]
3 years ago
10

Murray Company reports net income of $728,000 for the year. It has no preferred stock, and its weighted-average common shares ou

tstanding is 260,000 shares. Compute its basic earning per share.
Business
1 answer:
slava [35]3 years ago
6 0

Answer:

The answer is $2.8

Explanation:

Earnings Per Share(EPS) is the part of company's earnings that goes to each common share owner.

It is calculated as net income minus preferred dividend(if any) / weighted-average common shares outstanding.

Net income equals $728,000

Weighted-average common shares outstanding equals 260,000 shares

Therefore, basic earning per share is

$728,000 /260,000

= $2.8

You might be interested in
What is the four parts of SWOT analysis
forsale [732]
<span>strengths, weaknesses, opportunities and threats.</span>
4 0
3 years ago
From a business perspective, ___________ taxes are analogous to the personal property taxes paid by individuals.
Anvisha [2.4K]

Answer:

c. inventory

Explanation:

As per the business perspective, the inventory taxes should be analogous for the personal property taxes that paid by the individuals as the inventory taxes is involved in the business property tax i.e. tangible as well as personal

Therefore as per the given options, the option c is correct

And, the other options are incorrect

5 0
3 years ago
During fiscal 2016, mattel had sales of $5,456,650, total expenses of $5,138,628 and gross profit of $2,554,391. What was mattel
liberstina [14]

Calculation of Cost of Sales for Mattel for the year 2016:


It is given that Mattel had sales of $5,456,650, and gross profit of $5,456,650for the year 2016. The cost of sales can be calculated with the help of following formula:

Cost of Sales = Sales – Gross Profit

Cost of Sales = 5,456,650-5,456,650

Cost of Sales = 2,902,259


Hence the Cost of Sales is 2,902,259 ($ in thousands).





4 0
3 years ago
Which of the following is an advantage of consumer credit?
Ksivusya [100]

D. It can allow you to save money if you time your purchases correctly.

For example, you could purchase something when it goes on sale and pay it off with minimal interest rather than waiting to save up money and buying at full price. (the other answer choices are all disadvantages to consumers).

8 0
3 years ago
If Amazon enters the Japanese online market by translating its U.S. website into Japanese the company is using which internation
Nina [5.8K]

If Amazon enters the Japanese online market by translating its U.S. website into Japanese, the strategy used is the meganational strategy.

A meganational strategy is an international strategy that focuses on reaping cost reductions through the economies of scale. It's a strategy that's used in seeing the world as one big national market.

Since Amazon enters the Japanese online market by translating its U.S. website into Japanese, then the strategy that is used is the meganational strategy.

Read related link on:

brainly.com/question/19505671

5 0
2 years ago
Other questions:
  • Phones R Us, a global phone company, frequently needs to respond quickly to fast-changing consumer tastes with its smartphones.
    15·1 answer
  • A large law firm uses an average of 10 packages of copier paper a day. Each package contains 500 sheets. The firm operates 260 d
    6·1 answer
  • Artis Sales has two store locations. Store A has fixed costs of $145,000 per month and a variable cost ratio of 60%. Store B has
    12·1 answer
  • Which practice will help prevent data loss in case of a computer malfunction?
    5·2 answers
  • form prepared periodically for each processing department summarizing (1) the units for which the department is accountable and
    11·1 answer
  • Zara has pioneered "cheap chic" in clothing apparel. Zara offers current and desirable fashion goods at relativelylow prices. To
    13·1 answer
  • What’s at least 5 daily responsibilities of polygraph analyst
    15·1 answer
  • Tamarisk has the following inventory data:
    9·1 answer
  • HELPPPP PLZZZZZZZZZZ
    15·1 answer
  • In order for managers to determine the resources needed to achieve their objectives, a(n)?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!