Answer:
through profits, empowering sales force, and reducing costs
Explanation:
Answer:earnings per share for the year 20X1= $1.25 per share
earnings per share for the year 20X2 = 1.40
Explanation:
Earning per share is calculated as = Earning after taxes ÷ Shares outstanding
Therefore, earnings per share for the year 20X1.
= $430,000 ÷345,000 shares
= $1.25 per share
2. In the next year,there was a change in earnings after tax by 23 percent and an increase in shares by 34,000,
Therefore, we have earnings per share for the year 20X2 as
= ($430,000 × 1.23) ÷ ( 345,000 + 34,000)
=528,900/379000
=1.3955 rounded to 1.40
Answer:
Retiring the oldest bond
Explanation:
Firms issue bonds to raise the funds. Firm has to pay dividend on those bonds and the ability of firm to pay dividend reflect the financial position of the firm. Thus, retiring the oldest bond in exposes company to the most risk of being issued an emergency loan
Answer:
0.7699
Explanation:
The calculation of the probability that at least one stocks is shown below :-
∩ represents the interaction of sets.
while
∪ represents the set of all elements in the collections.
So,
P(A ∩ B) = P(B) × P(A ÷ B)
= 0.39 × 0.59
= 0.2301
P(A ∪ B) = P(A) + P(B) - P(A ∩ B)
= 0.61 + 0.39 - 0.2301
= 1 - 0.2301
= 0.7699
The amount deductible by Robert for year 2021 against the meal and entertainment expenses will be 50% that is $420 from the total expense amount of $840.
<h3>What is business deductions?</h3>
The business deductions are the amounts those are allowed to be deducted while filling the income tax. There is certain criteria to deduct different expenses.
As per the IRS regulation, when the tax payer is self-employed then the amount that can be deducted against meal and entertainment can be 50% of the total expense.
Therefore, Robert can deduct only $420 from the taxable income.
Learn more about business deductions, here:
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