Answer:
net income: $ 451,010
EPS: $ 6.32 per share
Explanation:
net sales 2,409,200
cost of good sold (1,464,600)
gross profit: 944,600
operating expenses:
selling expenses (284,000)
operating income 660,600
non operating:
interest revenue 38,100
interest expense (54,400)
non operating expense (16,300)
earning before taxes: 644,300
tax expense: 30% 193,260
net income 451,010
shares outstanding 71,390
Earning per share: 451,010/71,390 = 6,31755
Answer:
The correct answer is "equity ownership"
Explanation:
When each partner contributes capital and owns a specified right to a percentage of the proceeds from the alliance, the collaborative relationship is referred to as equity ownership.
represents the amount that would be returned proportionally to the company shareholders
We are asked to solve for the interest during the year given that it is compounded monthly, we are given with the formula A = P(1+r)^n. The solution is shown below;
A = P (1+r)^n
A = $5,000 (1+ 3.5/12)^(12*1)
A = $5,000 (1.000292)^12
A = $5,177.84
Hope this helps!
Answer: Pure play
Explanation:
A pure play method in finance is an approach that is used to estimate and determine the cost of equity capital of a private company which involves looking at the beta coefficient of other single focused and public companies.
Pure-play companies are the companies that are involved in a single line of business.
Answer:
Downward communication
Explanation:
She is a higher up in the club, and conveys information to the rest of the club members, who don't have as much of an important position. Her job is to move information given to her to the rest of the members.
