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alexdok [17]
3 years ago
6

PA2.

Business
1 answer:
luda_lava [24]3 years ago
3 0

Answer:

Contribution margin per unit = $250

Contribution margin ratio = 55.56%

Explanation:

The computations are shown below:

Contribution margin per unit = Sale price per unit - variable cost per unit

                                                = $450 - $200

                                                = $250

Contribution margin ratio would be

= (Contribution margin per unit) ÷ (Sale price per unit) × 100

= ($250) ÷ ($450) × 100

= 55.56%

And, the contribution margin income statement for may month is presented below:

Sales (225 bikes × $450)                                 $101,250

Less: Variable cost (225 bikes × $200)          ($45,000)

Contribution margin                                        $56,250

Less: Fixed expenses per month                  ($40,000)

Net income                                                     $16,250

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gulaghasi [49]

Answer:

1. Weighted average number of outstanding shares = 150,000*12/12 + 15,000*6/12 + 15,000*2/12

Weighted average number of outstanding shares = 150,000 + 7,500 + 2,500

Weighted average number of outstanding shares = 160,000 shares

2. Net income = $770,000

Preferred dividend = 20,000 shares*$100*7%

Preferred dividend = $140,000

Income attributable to common stockholders = Net income - Preferred dividend

Income attributable to common stockholders = $770,000 - $140,000

Income attributable to common stockholders = $630,000

Basic Earnings per share = Income attributable to common stockholders / Weighted average number of outstanding shares

Basic Earnings per share = $630,000/160,000

Basic Earnings per share = $3.94

3. Diluted EPS = Net income / [Weighted average number of common shares outstanding during the period + All dilutive potential common stock]

Diluted EPS = $770,000 / (160,000 + 20,000*2)

Diluted EPS = $770,000 / 200,000 shares

Diluted EPS = $3.85 per share

8 0
3 years ago
Which action will be least helpful if you’ve been the victim of identity theft?
lina2011 [118]

<u>Ordering your latest credit report</u> is the action that appeared to be the least helpful if you’ve been the victim of identity theft. Therefore, <u>the correct answer is D. </u>

If anyone has been a victim of identity theft, then it is important for such a person to officially report or contact any of the credit reporting companies to place a fraud alert on their credit report.

<h2>Further Explanation</h2>

Identity theft is when someone intentionally steals your information and uses such information without taking your permission. In the US, identity theft has become a booming business for fraudsters

In the US, 15.4 million Americans were a victim of theft, also identity theft tops complain of the consumer to the Federal trade commission. Regardless of how careful you seem to be, you can still fall victim to identity theft.

If you are a victim of identity theft, there are things you do immediately.

Some of the steps you can take to prevent an identity thief to further commit fraud with your details include

  1. Report any issues concerning identity theft to the federal trade commission (FTC)
  2. Ensure you clean up your entire account
  3. Immediately contact the credit Report Company and officially place a fraud alert
  4. In case of Tax-related identity theft, report to the IRS
  5. Place a block on your credit report
  6. Contact the company or the backs where the fraud occurred.

LEARN MORE:

  • Which action will be least helpful if you've been the victim of identity theft  brainly.com/question/1359436
  • Which action will be least helpful if you’ve been the victim of identity theft brainly.com/question/3968427

KEYWORDS:

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5 0
3 years ago
Read 2 more answers
Bella Donna Company has 100,000 shares of $3 par common stock issued and outstanding as of January 1, 2018. The shares were orig
kondaur [170]

Answer:

The balance in the paid in capital in excess of par will be $478,950.

Explanation:

As 4,210 shares is retired and each shares carries a $5 Paid-in capital in excess of par ( Issued price - Par value = $8 - $3 = $5), the retirement of 4,210 shares will include the clear of 4,210 x 5 = $21,050 in Paid-in capital in excess of par.

The beginning balance of the Paid-in capital in excess of par account = (8 -3) x 100,000 = 300,000

=> The remaining balance of the Paid-in capital in excess of par account = 500,000 - 21,050 = $478,950.

So, the answer is $478,950.

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A company wants to hire a model to appear in a television ad to promote its products. Prospective candidates have been asked to
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Answer:

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3 years ago
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