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OlgaM077 [116]
3 years ago
12

From the income statement, the corporation had a net income of $724 million for the year. Total dividends were $106 million. The

re were 400 million shares outstanding. How much is the earnings per share?
Business
1 answer:
Elis [28]3 years ago
5 0

Answer:

the earnings per share is $1.81 .

Explanation:

<em>Earnings per Share = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding</em>

Therefore,

Earnings per Share = $724,000,000 ÷ 400,000,000

                                 = $1.81

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The accountant of​ Omega, Inc. failed to make an adjusting entry to record​ $6,000 of unearned service revenue that has now been
Galina-37 [17]

Answer:

The answer is A. The total revenue will be understated

Explanation:

Unearned revenue is when the amount or money has been received before providing the service. For example, a manufacturer has received money from a customer for a product that will be delivered over a period of time, let's say every month.

Unearned revenue is a liability but the failure to make an adjusting entry in the income statement will understate revenue because as the product is being delivered monthly, the accountant should be recognizing it as revenue in the Income statement. As this is recognized as revenue, unearned revenue account decreases with the same amount monthly

8 0
3 years ago
Jonathan, a salesperson for a food processor manufacturing company, is selling his company's new juicer to prospective customers
kondor19780726 [428]

OPTIONS:

(A) A time objection

(B) A price objection

(C) A need objection

(D) A product objection

(E) A source objection

Answer:

D.) A product objection

Explanation:

When trying to sell a product to a prospective customer, there are several concerns raised by the prospective customer as a reason why they seem not willing to purchase such product or service being proposed to them. These concerns that make prospective customers to make a purchase is what is referred to as objections in marketing.

There are several types of objections that can be raised, one of which is referred to as product objection.

Product objection has to do with any concern raised about the product which prospective customers give as reason why they are not willing to make a purchase. In the case described in the question above, the concern that Jonathan's prospects are raising is related to the nature of the product as they are not willing to make a purchase because the Juicer is too bulky and is not easy to clean. It is not a time, price, need, nor a source objection. It is a product objection.

6 0
3 years ago
Read 2 more answers
What is the maximum percentage of net spendable income that should be set aside for housing? A. 25% B. 36% C. 38% D. 28%
Korolek [52]

Answer:

28%

Explanation:

because that like max that people can afford

3 0
3 years ago
Alan Jackson invests $20,000 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 yea
kondaur [170]

Answer:

a. $32,800

b. $37,019

c. $37,460

Explanation:

a. The computation of Total Amount Withdrawn by Alan when simple interest is shown below:-

Accumulated amount of money = Invested amount + (Rate of interest × Number of years)

= $20,000 + ($20,000 × 8% × 8)

= $32,800

b. The computation of Total Amount Withdrawn by Alan when annually Compounded is shown below:-

Accumulated amount of money = Invested amount × (1 + rate of interest)^Number of years

= $20,000 × (1 + 0.08)^8

= $20,000 × 1.85093

= $37,019

c. The computation of Total Amount Withdrawn by Alan when semi annually Compounded is shown below:-

Accumulated amount of money = Invested amount × (1 + rate of interest × Number of years ÷ 200)^16)

= ($20,000 × (1 + 0.08 × 8 ÷ 200)^16)

= $20,000 × 1.87298

= $37,460

Therefore we have applied the above formulas.

5 0
4 years ago
What is the maximum dollar limit per money order purchase?
Fed [463]
It differs from store to store. Usually it's around $500-$600 per money order slip. So if you want a $800 money order, you would have to get two seperate slips, but usually the maximum you can take out in two slips is around $1,000. 
6 0
3 years ago
Read 2 more answers
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