1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Furkat [3]
3 years ago
5

Washington Enterprises had net income for 2016 of? $103,000. Washington had? 39,000 shares of common stock outstanding at the be

ginning of the year and? 43,000 shares of common stock outstanding at the end of the year. There were? 6,000 shares of preferred stock outstanding all year. During? 2016, Washington declared and paid preferred dividends of? $29,000. What is? Washington's earnings per? share? (Round the answer to two decimal? places.)
Business
1 answer:
kenny6666 [7]3 years ago
5 0
Washington's earning per share is $1.08. Earning per share is an indicator that shows company's level of profitability. Earning per share is a portion of company's income divided by each common shares issued. We can calculate earning per share by using this formula: (Net Income - Preferred stock dividend)/((Common stock beginning + Common stock end year)/2).
You might be interested in
The value of what a Canadian-owned Tim Hortons produces in South Korea is included in the Canadian ________ and the South Korean
Illusion [34]

Answer: GNP; GDP

Explanation:

<em>The value of what a Canadian-owned Tim Hortons produces in South Korea is included in the Canadian </em><em><u>GNP </u></em><em>and the South Korean </em><em><u>GDP</u></em><em>. </em>

Gross National Product refers to the total amount of domestic production and foreign production that can be attributed to the residents of a nation.

This means that GNP includes the GDP and income earned by residents of the country in other countries but less the income earned by foreigners in the country. For Canada therefore, the value of goods produced by the Canadian company in South Korea will be added to the GNP.

Gross Domestic Product (GDP) on the other hand is simply the total final value of goods and services produced in a country regardless of if it was foreigners or residents doing the production. The value of what a Canadian-owned Tim Hortons produces in South Korea is therefore included in South Korea's GDP.

7 0
2 years ago
A hospitality company is evaluating building a new hotel in Bloomington (capital project) that management forecasts will generat
Gre4nikov [31]

Answer:

A

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.  

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

NPV can be calculated using a financial calculator  

Cash flow in year 0 = $-165,000

Cash flow in year 1 - 6  = $45,000

I = 12%

NPV = $20,013.33

the project should be approved because NPV is positive

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

3 0
3 years ago
Think about your decision to buy the textbook for this course. You paid $250 for the book, but you would have been willing to pa
mart [117]

If the questions are “would I choose to buy the book in the first place”, and “Would I sell the book at the end of the course”, the answer to both questions is yes. The benefit of buying the book for the course is $400 dollars, which is greater than the sales price of $250. Thus, I would buy the book. At the end of the course, the benefit of keeping the book is $50, while my potential sales price is $125 (50% of 250). Thus, I can sell the book for more than it is worth to me, so I will sell the book at the end of the course. 

7 0
3 years ago
DAR Corporation is comparing two different capital structures: an all-equity plan (Plan I) and a levered plan (Plan II). Under P
spin [16.1K]

Answer:

The answer is given below;

Explanation:

                           

Download xlsx
8 0
2 years ago
Poor india makes millionaires at fastest pace ​india, with the​ world's largest population of poor​ people, also paradoxically c
DedPeter [7]
B. 

b. Because some are getting more money, while others still get low income. Which means it is unequal.

Hope it helped!

8 0
3 years ago
Other questions:
  • Which of the following bank services pays the customer compound interest?
    5·1 answer
  • _____ is the risk of expropriation (seizure) of a foreign subsidiary's assets by the host country.​
    8·1 answer
  • When the value of a country's exports exceed the value of its imports, the country is experiencing:
    14·1 answer
  • If you are trying to move your audience to do something, you should choose which organizational style?
    13·1 answer
  • A bank can decrease the degree of moral hazard if it a. ​Monitors the borrowers behaviors b. ​Placing covenants on the loan c. ​
    8·2 answers
  • Ernest Burns, Orlando summemour, and randy Hatcher formed swi Partners, a general partner- ship. J. t. turner Construction Compa
    11·1 answer
  • For a perfectly competitive firm, which of the following is not true at profit maximization?a. Total revenue minus total cost is
    15·1 answer
  • A 30-unit income-producing property has a sales price of $9 million. Annual gross income is estimated at $750,000. What's the gr
    9·1 answer
  • Abram is a manager at Runa Marcus Corp., a company that runs a women's lifestyle magazine. Abram's strong points are his creativ
    8·1 answer
  • "The next dividend payment by Savitz, Inc., will be $1.60 per share. The dividends are anticipated to maintain a growth rate of
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!