All categories

3 years ago

A product line can include similar products?

1 answer:

8 0

Yes because the definition of a product line is a group of products that are similar to each other and are also sold under the same brand.

You might be interested in

In 2019, Carla Enterprises issued, at par, 60 $1,000, 8% bonds, each convertible into 100 shares of common stock. Carla had reve

dimulka [17.4K]

Answer:

Diluted earnings per share for 2020. is 93 cents

Explanation:

Diluted Earnings per share shows the future position of the Earnings per shareholders once the potential shareholders begin exercising their rights.

Potential Shareholders exists due to Financial Instruments that might be converted into ordinary shares. Examples are Convertible Bonds, Options, Convertible Preference shares.

Step 1 Calculate Basic Earnings Per Share

Basic Earnings Per Share = Earnings Attributable to Ordinary Shareholders / Weighted Average Number of Ordinary Shares in Issue during the period.

Profits attributable to Ordinary Shareholders :

Earnings ( $14,700 - $6,900) $7,800

Less After tax Interest on Bonds (60×$1,000×8%×80%) ( $3,840)

Profits attributable to Ordinary Shareholders $ 3960

Weighted Average Number of Ordinary Shares

Common stock outstanding 2,400 shares

Basic Earnings Per Share = $ 3960/ 2,400

= 165 cents

Step 2 Calculate Diluted Earnings Per Share

Diluted Earnings Per Share = Adjasted Basic Earnings per Share Earnings/ Adjasted Number of Ordinary Shares

Adjusted Basic Earnings per Share Earnings

Profits attributable to Ordinary Shareholders $ 3960

Add Savings on Interest (60×$1,000×8%×80%) $3,840

Adjusted Basic Earnings per Share Earnings $7,800

Adjusted Number of Ordinary Shares

Common stock outstanding 2,400 shares

Add 60× 100 shares of Convertible Bonds 6,000 shares

Adjusted Number of Ordinary Shares 8,400 shares

Diluted Earnings Per Share = $7,800/8,400 shares

= 93 cents

7 0

3 years ago

What are the criticisms of fiscal policy

vesna_86 [32]

Answer:

Fiscal policy is the adjustment of tax rate and government spending that is used to handle current economic situation.

There are several of criticism that usually found on fiscal policies.

- Time Lags.

The effect of fiscal policies could only be felt years after the policies are made. Often times, this goes unnoticed by the citizens of the country, making it look like that the government took no action to handle their economic issues.

- Strengthening foreign influence

One of the things that the government can do to reduce the inflation is by selling government bonds to the public. These bonds can be bought by companies from another countries. This will strengthen that country's influence over US economy.

- It could create a budget deficit for the next government officials.

Government in United States were reshuffled between 2-4 years. While the effect of fiscal policies could need more than 10 years before it actually can be felt. Sometimes, fiscal policies taken by previous government could create a deficit that had to be handled by the next government after the election.

4 0

3 years ago

_____________ - a term referring to the fact that for many goods, as the level of production increases, the average cost of prod

amm1812

Answer:

Economies of scale

Explanation:

As the production increases, the cost per unit of a single product type decreases.

7 0

4 years ago

Tom is responsible for a group of manufacturing assembly workers who report to him. tom is a __________ manager.

jok3333 [9.3K]

Tom is a First line manager. First line managers are managers who are supervising the people who are in the manufacturing field, example of first line managers are foreman and shift heads. Their role is directly coordinate to the workers by assigning tasks, checking the quality of employees’ works, and giving heads up information to executive managers of the success and problems that arise in the company.

3 0

3 years ago

Operations management deals with the set of activities that create value in the form of goods and services by transforming input

blondinia [14]

Answer:

The statement is True.

Explanation:

The operations management of any organization is responsible to create value for the organization by transforming raw material into finished goods and convert input into output. The operation management deals with set of activities and follows all the guidelines and operating procedures in order to create value for the organization and achieve ultimate goals of the company.

4 0

4 years ago