1.Technical Certified/VRQ (Vocational related Qualification)
2.NVQ (National Vocational Qualification)
3.Key skills
4.EER (Employment Rights & Responsibilities)
Answer:
$8,000
Explanation:
Data provided in the question:
cost of machine = $33,000
Estimated residual value = $3,000
Estimated useful life = 3 years
Estimated useful life in terms of production = 60,000 units
Total units produced in year 1 = 16,000
Now,
Rate of annual depreciation with respect to units produced
= [ Cost - Salvage value ] ÷ Estimated useful life in terms of production
= [ $33,000 - $3,000 ] ÷ 60,000
= $0.5 per unit
Therefore,
Depreciation expense for the year 1
= Rate of annual depreciation × Total units produced in year 1
= $0.5 per unit × 16,000 units.
= $8,000
I would say no. Use a website like Britannica
$2.40., was incorrect. The correct answer was: $2.28.
Begin by calculating how much of the net income is available for common stockholders (net income after taxes minus preferred dividends equals earnings available for common stockholders). The preferred stockholders received $600,000 in dividends (100,000 pfd shares × $6 per share dividends = $600,000). After subtracting $600,000 from the net income of $12 million, this leaves $11.4 million (earnings available for common stockholders). Compute EPS (earnings available for common ÷ number of common shares outstanding = $11.4 million / 5 million shares = $2.28 per share EPS).
the qestion is incomplete .please read below to find the missing content
A corporation has $12 million net income after taxes, 5 million common shares outstanding, and $10 million of 6% preferred stock ($100 par). What is the corporation's earnings per share (EPS)?
A) $2.52.
B) $1.20.
C) $2.28.
D) $2.40.
Earnings per share is the monetary value of earnings per outstanding share of a company's common stock. It is an important measure of a company's profitability and is often used in stock pricing.
EPS shows a company's profitability by showing how much profit the company makes for each share of its stock. The EPS figure is determined by dividing a company's net income by shares of common stock outstanding. However, the higher the EPS number, the more profitable the company.
Learn more about EPS here
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I'm so sorry I don't know hopefully someone will help u
