Answer:
23,125 shares
Explanation:
The computation of the number of outstanding common stock shares is shown below:
= (Common stock ÷ Par value per share) - (Treasury stock ÷ cost per share)
where,
Common stock is $232,000
Par value per share is $10
Treasury stock is $975
And, the cost per share is $15
Now placing these values to the above formula
So, the number of common stock outstanding shares is
= ($232,000 ÷ $10) - ($975 ÷ $15)
= $23,200 - $65
= 23,135 shares
Answer:
The correct answer is $2.43.
Explanation:
The annual dividend is $1.90.
The expected rate of return is 12%.
The growth rate is 3.5%.
The current stock price will be
=
=
=
=$22.35
The stock price at year 3 will be
=
=
=
=$24.78
The capital gain will be
=stock price at year 3-current stock price
=$24.78-$22.35
=$2.43
Answer:
EPS is $2.9 per share
Diluted EPS is $1.54 per share
Explanation:
Basic Earning per share is calculated dividing Earning for the year excluding preferred dividend by weighted average number of shares.
Basic EPS = (Net Income - Preferred dividends) / Weighted Average numbers of share
Basic EPS = ($2,152,000 - $180,000) / 680,000 = $2.9 per share
Diluted earning per share is calculated by adjusting all the convertible share options or securities in the outstanding share.
Diluted EPS = (Net Income - Preferred dividends) / Diluted numbers of share
Diluted EPS = ($2,152,000 - $180,000) / ( 680,000 + 600,000 )
Diluted EPS = $1.54 per share
Answer:
<u>A Sales Call </u>
Explanation:
A sales call refers to a formalized meeting arrangement between the sellers representatives and the prospective buyer, with an intention to clarify the prospects doubts and effect a sale.
Such a meeting is usually a face to face meeting between the sales representatives and the prospective buyer.
In the given case, a sales team from Quanto is engaged in an in-person face to face meeting with a team from Real Mart to discuss purchase of computer hardware.
This represents a case of a sales call being conducted to eliminate buyer doubts and effect sales.
Hello!
The answer is
C. How much a currency is worth when it's exchanged with another country's currency.
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