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Marta_Voda [28]
4 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]4 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

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US taxpayers who attended college or university in the past year can deduct the interest paid on student loans from their taxabl
nexus9112 [7]

Answer: b. redistributing income

Explanation:

8 0
3 years ago
Jessica isn't invited to a super bowl party her co-workers are throwing, simply because she's a woman. jessica is experiencing _
Dafna11 [192]
Jessica is experiencing sexism from her coworkers.
4 0
4 years ago
The following information pertains to Pernell Company's pension plan. Beginning PBO: $500,000; current service cost $50,000; dis
monitta

Answer:

= $560,000

Explanation:

Given that:

  • -Beginning PBO: 500,000
  • -Current Service Cost: 50,000
  • -Discount Rate: 6%  => interest cost = 500,000*6% = 30,000
  • -Contributions by Pernell: 40,000
  • -Benefits paid to employees 25,000
  • -Loss on PBO: 5,000

As we know that service cost; gains and losses; payments to retired employees; prior service cost; interest cost; payments to employees are factors that change the balance of the PBO

So the ending balance of the PBO will be:

Beginning PBO + Current Service Cost + Interest cost Loss on PBO -Benefits paid to employees

$500,000 + $50,000+ $30,000+$5,000-$25,000

= $560,000

4 0
3 years ago
Sue's teachers say she isn't motivated by anything. she shows little interest in toys, activities or food. an exception appears
Damm [24]
<span>What Sue's teachers can do to broaden her reinforcement repertoire is to incorporate toys, various activities or food and that cd to play in the background. While Sue's at it, playing because her favorite cd is there, the teacher can slowly lower the volume of the cd so that Sue can focus on playing toys and other stuff.</span>
7 0
3 years ago
To get the best deal on a CD player, Tom called eight appliance stores and asked the cost of a specific model. The prices he was
Angelina_Jolie [31]

Answer:

$84.86

Explanation:

I'm guessing they want you to find the standard deviation.

It would be easy to do this in a statistical calculator, but I suspect they want you to do it by hand.

Here are the steps for a manual calculation.

1. Count the elements in the data set

N = 8

2 Calculate the sum of the data set

\displaystyle \sum_{i = 1}^{8}x_{i} = 2011

3. Calculate the mean

\mu_{x} = \dfrac{2011}{8}  = 251.375

4. Calculate the standard deviation

(a) Subtract the mean from each data point

(b) Square the differences

(c) Add the squares  of the differences

(d) Divide the sum by the number of terms

(e)Take the square root of the result

We can set up a table to organize the calculations.

\begin{array}{rrr}\mathbf{x} & \mathbf{x - \mu} & \mathbf{(x - \mu)^{2}}\\298 & 46.63 &2174\\125 & -126.38 & 15971\\411 & 156.93 & 254801\\157 & -94.38 & 8907\\231 & -20.38 & 415\\213 & -38.38 & 1473\\304 & 52.63 & 2769\\272 & 20.63 & 425\\\sum = \mathbf{2011} & & \mathbf{57614}\\\end{array}\\\\\sigma = \sqrt{\dfrac{ 57614}{8}} = \sqrt{7201.7} = \mathbf{\$84.86}

3 0
3 years ago
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