Answer:
$6.5 per share
Explanation:
Given that,
Net income = $6,000,000
Preferred dividend = $150,000
Weighted average number of common shares = 900,000
Angel's Basic earnings per share:
[Net income - Preferred dividend ] ÷ Weighted average number of common shares
= [$6,000,000 - $150,000] ÷ 900,000
= 5,850,000 ÷ 900,000
= $6.5 per share
Answer:
All of these options is true
Explanation:
Statement of revenue and expenses is a comprehensive report showing the amount of profit earned minus the amount of operating expenses.
It provides information regarding the organization's operation as well as the revenue generated.
Revenue earned is collated as receipts and included in the statement of revenue and expenses.
Regarding the Statement of Revenues, Expenses, and Changes in Net Position for a public college choosing to report as a special-purpose entity engaged in business-type activities, the following apply:
- State appropriations should be reported as non-operating income
- Both contributions for plant and for endowment purposes must be reported separately after both operating and non-operating revenues and expenses
- An operating income figure must be displayed
Answer:
A. participative budgeting
Explanation:
Participative budgeting -
It refers to the type of method of budgeting , where the person implementing the budget as well as the person getting affected by the budget are involved in the process of creating the budget , is referred to as participative budgeting .
In this method the top - level managers are supposed to share the decision of budgeting with the bottom - level managers as well .
Hence , from the given information of the question ,
The correct answer is A. participative budgeting .
Answer with explanation:
It is better for companies to offer a mixture of compensation programs instead of only one since it attracts a major number of competent workers. Some employees might be very selective at the time of choosing a job according to the benefits they could receive. For instance, a high executive could prefer to start working in an "A" firm since they organization offers an attractive number of stock shares per year as part of the compensation program instead of working for firm "B" that is not even publicly listed.