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ella [17]
3 years ago
5

At December 31, 2017, Sager Co. had 1,200,000 shares of common stock outstanding. In addition, Sager had 450,000 shares of prefe

rred stock which were convertible into 750,000 shares of common stock. During 2018, Sager paid $1,200,000 cash dividends on the common stock and $800,000 cash dividends on the preferred stock. Net income for 2018 was $6,800,000 and the income tax rate was 40%. The diluted earnings per share for 2018 is (rounded to the nearest penny
Business
1 answer:
AnnZ [28]3 years ago
8 0

Answer: $3.49

Explanation:

Diluted earnings per share = \frac{Net Income}{Outstanding Common Stock + Convertible shares}

Diluted Earnings per share = \frac{6,800,000}{1,200,000 + 750,000}

Diluted Earnings per share = 3.4871

Diluted Earnings per share = $3.49

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Which of the following statements best describes a difference between HR
Rainbow [258]

The option that best describes the difference between HR planning and a staffing plan is this:

B. Unlike HR planning, a staffing plan identifies only the company's present hiring needs.

<h3>What is the difference between HR planning and staffing?</h3>

The difference between the two mentioned concepts lies in the fact that HR planning is a long-term plan that is aimed at trying to understand how the staffing needs of the company can be improved for better success.

Unlike HR planning, a staffing plan is aimed at identifying the immediate employment needs of the company and filling them up. In businesses, HR planning is very vital to building sustainability. Staffing is also important but it only considers the interim.

So, the difference between these two concepts can be pinned down to the time factor. While one satisfies a need immediately, the other looks at the future and makes reasonable plans that ensure sustainability.

Learn more about HR planning here:

brainly.com/question/13761208

#SPJ1

8 0
1 year ago
At December 31, year 3 , Bren Co. had the following deferred income tax items: • A deferred income tax liability of $15,000 rela
ahrayia [7]

Answer:

(B) A noncurrent liability of $4,000

Explanation:

The non-current liability in respect of deferred tax shall be recognised in the accounts of Bren Co. as at December 31 as follows:

Deferred income tax liability related to non-current assets= $15,000

Deferred income tax asset related to non-current liability = ($3,000)

Deferred income tax asset related to current liability         = ($8,000)

Deferred income tax liability to be recorded at year end   = $4,000

So based on the above discussion the answer is (B) A noncurrent liability of $4,000

8 0
3 years ago
Vicki likes to visit a social network site called Fanfiction and read the stories that others post on this site. She doesn't rea
LenaWriter [7]

Answer: The correct answer is "c.spectators".

Explanation: Vicki is the spectator type of social media participants because he does not interact with others, visit the website often and do not publish any stories, he only dedicates himself to reading the stories that others publish.

8 0
2 years ago
A loan guaranteed with property is called?
tigry1 [53]

the name is mortgages

explanation=Mortgage Notes are promissory notes guaranteed with a document called a partnership that mortgages property rights as collateral for loans. ... However, if a "point" assessment is imposed by the lender, the total amount received by the borrower is less than the nominal value of the note.

4 0
3 years ago
Why do you think it is so important for a résumé to be free of any grammar and spelling errors<br> \
velikii [3]

Answer:

So the people your trying to be hired by think your smart.

Explanation:

If someone are tipe badd it make them look less intelligent. Such as the previous sentence makes me look like I know nothing.

8 0
2 years ago
Read 2 more answers
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