Answer:
$2.89
Explanation:
The formula and the computation of the earning per share is shown below:
Earning per share = (Net income - preference dividend) ÷ (Number of shares)
where,
Net income is
= $911,300 × 5.87%
= $53,493.31
And, the preference dividend is $0
and, the outstanding number of shares is 18,500
So earning per share is
= $53,493.31 ÷ 18,500 shares
= $2.89
Answer:
The correct answer is option D.
Explanation:
The money equation given by Irving fisher is popularly known as fisher's equation.
The equation is given as MV=PT
Here, M represents money supply, V is the velocity of money, P is the price level and T refers to the volume of transactions or output level.
The supply of money refers to the quantity of money in existence while the velocity of transactions shows the number of times, money changes hands. Together they show the volume of money in circulation.
P is the average price level and T represents the expenditures on all transactions or, in other words, output level.
Here, V and T are assumed to be constant. This means that the money supply directly affects the price level.
There is no explicit mention of the interest rate in this equation.
So, option D is the correct answer.
This kind of person in business terminology is called a free rider.
Answer:
(A) True
Explanation:
Differential cost is the difference between the cost to produce Product O and produce Product P; in this case it’s the additional cost of $13 per pound to produce
So the statement “The differential cost of producing Product P is $13 per pound” is true
