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Dima020 [189]
3 years ago
13

inancial information for Forever 18 includes the following selected data: ($ in millions except share data) 2021 2020 Net income

$ 207 $ 124 Dividends on preferred stock $ 32 $ 23 Average shares outstanding (in millions) 300 200 Stock price $ 11.37 $ 10.32 Required: 1-a. Calculate earnings per share in 2020 and 2021. (Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).)
Business
1 answer:
KengaRu [80]3 years ago
8 0

Answer:

$0.51 per share and $0.58 per share

Explanation:

The computation of the earning per share is shown below:

As we know that

Earning per share = (Net income - Dividends on preferred stock) ÷ (Average shares outstanding)

For 2020, it is

= ($124 - $23) ÷ (200 millions)

= $0.51 per share

And for 2021, it is

=  ($207- $32) ÷ (300 millions)

= $0.58 per share

We simply applied the above formula

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Hi I need 3 sentences abo8ut why you should buy the tesla stock
zhannawk [14.2K]

Answer:

1. The world is shifting to electric vehicles

2. The business is over the profitability hump

3. Optionality could lead to massive new sources of revenue

Explanation

THE EXPLANATION FOR NUMBER 1: In the first half of 2021, global electric vehicle (EV) sales were 2.6 million units. It doesn't sound like a lot. But unit growth was up 160% over the same period last year. That's more than six times faster than the overall auto market.

THE EXPLANATION FOR NUMBER  2:In 2017, famed investor Jim Chanos said about Tesla: "We think the equity is worthless." As silly as the projection looks in hindsight, Tesla CEO Elon Musk has since admitted that the company was about a month away from bankruptcy at the time. Those days are long gone. The company is now solidly profitable with industry-leading gross margins.

EXPLANATION FOR NUMBER 3:

While the company should be praised for the turnaround, many shareholders have their eyes fixed on new markets the company could disrupt. Led by sanguine analysis from Cathie Wood's ARK Invest, and the stock's inclusion in several of ARK's high-profile exchange-traded funds, Tesla now sports a market capitalization of $777 billion.

hope this helps sorry this is alot

4 0
3 years ago
Read 2 more answers
One of the workers in Henry's department submitted his two weeks' notice so Henry needs to hire a replacement. The HR department
cupoosta [38]

Answer:

procedure

Explanation:

According to my research on different human resource responsibilities, I can say that based on the information provided within the question there is a procedure that Henry must follow. Like described in the question a Procedure is a set of step by step instructions that must be followed accordingly in order to achieve a certain goal.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
Research from the 1970s to the 1990s found that over 90 percent of a fund's returns over time is explained by
tamaranim1 [39]

Answer: Asset allocation

Explanation:

Research from the 1970s to the 1990s found that over 90 percent of a fund's returns over time is explained by asset allocation.

It should be noted that asset allocation is simply referred to as an investment portfolio technique which balance risk through the division of assets among major categories like stocks, bonds, cash, real estate, and derivatives.

5 0
4 years ago
f pat and chris each spend half their time on each task then: the outcome will be efficient they will plant more bulbs
12345 [234]

false pat and chris each spend half their time on each task then: the outcome will be efficient they will plant more bulbs

<h3>What is efficient?</h3>

Efficiency is the ability to avoid wasting materials, energy, efforts, money, and time while doing something or producing a desired result. In a broader sense, it is the ability to do things well, successfully, and efficiently.

The work efficiency formula is efficiency = output / input, and the result can be multiplied by 100 to calculate work efficiency as a percentage. This is used in a variety of energy and work measurement methods, such as energy production and machine efficiency.

Business efficiency refers to how much a company or organization can produce given the time, money, and resources available.

To know more about efficient follow the link:

brainly.com/question/26152499

#SPJ4

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2 years ago
The additional compensation that is earned as part of the SkyBlue Ground Success Plan represents what type of motivator
tankabanditka [31]

Answer:

sghdsuydsyhdyhdhdhdhhd

Explanation:

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