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3 years ago

You should save for college using savings bonds. true or false

Business

1 answer:

motikmotik3 years ago

5 0

True, i think this is more of an opinion type question

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During 2021, Sysco Corp. had 950,000 shares of common stock and 100,000 shares of 7% preferred stock outstanding. The preferred

solong [7]

Answer:

c. $6.03

Explanation:

Earnings available to common shareholders

Net Income $6,000,000

Less: Preference dividend $200,000

Net Income available to common shareholders $5,800,000

Number of Common shares = 950,000

Equivalent common shares for convertible 5% Bonds = 10,450. [Number of bonds = 2,100,000/1,000 = 2,100 shares. Equivalent common shares = 2,100 * 5 = 10,500 shares]

Weighted average number of common shares outstanding = 950,000 + 10,500 = 960,500

Earnings per share = Earnings available to common shareholders / Weighted average number of common shares outstanding

Earnings per share = $5,800,000 / 960,500

Earnings per share = 6.038521603331598

Earnings per share = $6.04

8 0

3 years ago

DEFINE visible trade and invisible trade

Andreyy89

Answer:

visible trade in economics, exchange of physically tangible goods between country involving import and export it is distinguished from invisible trade

6 0

2 years ago

Following is Stanley Black & Decker’s income statement for 2016 (in millions): STANLEY BLACK & DECKER, INC. Income State

LekaFEV [45]

Answer:

Gross profit Margin 37.41%

Explanation:

The gross profit margin is the quotient between the gross profit and the sales:

$\frac{gross \: profit}{sales} = $gross profit margin$

$\frac{11,406.9 - 7,139.7}{11,406.9} =\\\frac{4,267.2}{11,406.9}$

Gross profit Margin 0,374089 = 37.41%

4 0

3 years ago

oselli Animation plans to offer its employees a salary enhancement package that has revenue sharing as its main component. Speci

tatyana61 [14]

Answer:

Answer for the question:

oselli Animation plans to offer its employees a salary enhancement package that has revenue sharing as its main component. Specifically, the company will set aside 2% of total sales revenue for year-end bonuses. The sales are expected to be $5 million the first year, $5.5 million the second year, and amounts increasing by 10% each year for the next 5 years. At an interest rate of 6% per year, what is the equivalent annual worth in years 1 through 5 of the bonus package?

is given in the attachment.

Explanation:

4 0

3 years ago

Read 2 more answers

The two viking spacecraft did not find convincing evidence of life on mars, nor did the phoenix lander. do these results imply t

belka [17]

They don't. Water was found and there are actually implications that if it doesn't exist nowadays, it might have historically existed long before there was even life on earth. There are theories that there was life on Mars millions of years ago way before earth had life.

5 0

3 years ago