Answer:
$1.37 (1.368333)
Step-by-step explanation:
6 divided by 8.21
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An example of this would be:
6 =
=
=
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Answer:
Part (a) The value of Z is 0.10396. Part (b) The value of Z is 0.410008.
Step-by-step explanation:
Consider the provided information.
Part (a)
In order to find the number z such that the proportion of observations that are less than z in a standard Normal distribution is 0.5414, simply find 0.5414 in the table and search for the appropriate Z-value.
Now, observing the table it can be concluded that the value of Z is 0.10396.
Part (b)
Consider the number 65.91%
The above number can be written as 0.6591.
Now, find 0.6591 in the table and search for the appropriate Z-value.
By, observing the table it can be concluded that the value of Z is 0.410008.
Answer:
5 degrees
Step-by-step explanation:
The denominator in the earnings per share formula is number of common shares outstanding.
What is the denominator used in the computation of earnings per share?
- The weighted average of the outstanding shares of common stock serves as the numerator of the earnings per share.
- The "per share" part necessitates further computation when the number of common shares changes in the middle of the year.
- The weighting of the per share part depends on how long each share number has been in circulation.
How are basic earnings per share determined?
- Basic EPS is calculated by dividing net income by the weighted average of the common shares outstanding for the relevant period.
- Preferred dividends should be removed from the net income because they are not available to common stockholders.
- Net income can also be broken down into "continuing operations" P&L and "total P&L".
Learn more about Basic EPS
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