Nelson Manufacturing has the following data:

Scotland Corporation had net income for 2018 of $ 77 comma 000. Scotland had 13 comma 000 shares of common stock outstanding at

Arturiano [62]

Answer:

$2.82 per share

Explanation:

The computation of the earning per share is shown below:

Earning per share = (Net income - preferred dividend) ÷ (Weighted average Number of common shares)

where,

Weighted average number of common shares is

= (13,000 shares + 26,000 shares) ÷ 2

= 19,500 shares

So, the earning per share is

= ($77,000 - $22,000) ÷ (19,500 shares)

= $2.82 per share

3 0

3 years ago

The national debt, as of 1992, _____amounted to dollars.

ziro4ka [17]

The national debt, as of 1992, amounted to 4 trillion dollars.

7 0

3 years ago

Read 2 more answers

Consider a 5-step process for the National Corporation that includes cutting, drilling, stamping, welding, and painting. The cut

Amanda [17]

Answer:

$\large\boxed{\large\boxed{\text{The capacity of the entire five-step process is 30 units per hour}}}$

Explanation:

The rate of production is determined by the slowest step or process.

Determine the rate of production of each step.

1. The Cutting department has 6 machines that each process materials at a rate of 2 minutes per unit.

rate = number of machines × rate of each machince

rate = 6 × 1 unit / 2 minute = 3 units / minute

2. Drilling has 6 machines that each process materials at a rate of 3 minutes per unit.

rate = number of machines × rate of each machince

rate = 6 × 1 unit / 3 minute = 2 units / minute

3. Stamping has 6 machines that each process materials at a rate of 4 minutes per unit.

rate = number of machines × rate of each machince

rate = 6 × 1 unit / 4 minute = 1.5 units / minute

4. Welding has 4 machines that each process materials at a rate of 2 minutes per unit.

rate = number of machines × rate of each machince

rate = 4 × 1 unit / 2 minute = 2 units / minute

5. Painting has 2 machines that each process materials at a rate of 4 minutes per unit.

rate = number of machines × rate of each machince

rate = 2 × 1 unit / 4 minute = 0.5 units / minute

Then, the fifth process, painting is the slowest process because it only can process 0.5 units per minute. This is the bottleneck. Even if the other processes worked faster, the production could not exceed the number of machines that can be painted per hour.

To find how many units can be painted or produced by hour multiply the rate by the number of minutes in one hour:

0.5 units/min × 60 min/hour = 30 units / hour.

Therefore, the capacity of the entire five-step process is 30 units per hour.

6 0

3 years ago

A company determined that the budgeted cost of producing a product is $30 per unit. On June 1, there were 80,000 units on hand,

gtnhenbr [62]

Answer:

c) $9,000,000

Explanation:

The cost of good sold = Cost per unit × Quantity sold

Quantity sold = 300,000, cost per unit = $30

The cost of sold = $30 × 300,000 = $9,000,000

This can be confirmed as follows:

Unit

opening inventory 80,000

Production(see note below) 340,000

Available or sale 420,000

Closing inventory (120,000)

Units sold 300,000

Cost of units sold = 300,000 × $30 = $9,000,000

Note :

Production budget = sales budget + closing inventory - opening inventory

= 300,000 + 120,000 - 80,000 = 340,000 units

6 0

3 years ago

A(n) ________ report is a general report of the applicant's finances, character, morals, work, hobbies, and other habits.

VashaNatasha [74]

The correct answer is the inspection report. It is because the inspection report covers of the information regarding about the applicant in terms of their character, the people associated with them and as well as the hobbies or anything related that could be based on their work.

6 0

3 years ago