Pharrell, Inc., has sales of $602,000, costs of $256,000, depreciation expense of $62,500, interest expense of $29,500, and a ta
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Answer:
The earnings per share figure is $1.89
Explanation:
Sales of $602,000
Costs of $256,000
Depreciation expense of $62,500
Interest expense of $29,500
Tax rate of 40 percent.
-> Profit Before Tax = Sales - Cost - Depreciation Expense - Interest expense
= $602,000 - $256,000 - $62,500 - $29,500
= $254,000
Net profit = Profit before Tax x (1 - Tax rate) = $254,000 * (1 - 40%) = $152,400
Earnings per share = (net profit - dividend paid for preferred stock)/ common stock outstanding = ($152,400-$44,500)/ 57,000
= $1.89
In measuring return-on-investment (ROI) from sport sponsorships, companies have used all of the following methods except <u>C. Q Scores scale</u>.
<u>Explanation</u>:
<u>Return on Investment (ROI)</u> helps in determining whether the investment results in gain or loss. The gain or loss of amount is obtained based on the amount of money invested. ROI is used to compare the gain between the companies. ROI can help in deciding the personal financial transaction. Return on Investment is expressed in percentage.
Q score provides the information regarding the popularity of the brand, company, celebrity and entertainment product. Q score becomes high if the familiarity of the brand or company is high among people.
Answer:
Explanation:
The market value of debt is the present value of all future cash flows in servicing the debt.
we need to identify the present value of the future cash flows as follows
Year no of receipts Cash flow Discount factor present value
1-7 7 70 5.1185 358.296
7 1 1000 0.5649 564.926
Present Value 923.222
Annuity= P=R(1+(1+i )^-n) /i
Annuity= P=70(1+(1+8.5%)^-7/8.5% = 5.1185
Compound = S=P(1+i)
Compound =P=1000/(1+8.5%)^7 = 0.5649
the value of the bond is = 923.222
Answer:
Ghana constitute to record high rate of Ap.Recent national report shows that 11percent of adolescent age 15 to 19 had had a live birth of which 3 percent with first child and 14 percent has began childbearing
Answer:
Option (C) Reasonable Accommodation
Explanation:
A reasonable accommodation is assistance or changes to a position or workplace that will enable an employee to do his or her job despite having a disability. Under the Americans with Disabilities Act, employers are required to provide reasonable accommodations to qualified employees with disabilities, unless doing so would pose an undue hardship.
