Answer:
$6.5 per share
Explanation:
Given that,
Net income = $6,000,000
Preferred dividend = $150,000
Weighted average number of common shares = 900,000
Angel's Basic earnings per share:
[Net income - Preferred dividend ] ÷ Weighted average number of common shares
= [$6,000,000 - $150,000] ÷ 900,000
= 5,850,000 ÷ 900,000
= $6.5 per share
Reputation.
If a company has a bad reputation of allowing the sale of counterfeit goods, buyers will not trust the site and will not buy from it.
Answer:
benefits consumers of the product.
Explanation:
Import tariffs are generally put in place to protect domestic producers from foreign producers. Tariffs benefit domestic producers but hurt consumers since they are forced to pay higher prices.
When the import tariffs are withdrawn, the domestic price of the goods should decrease, benefiting consumers.
If the banking system does NOT want to hold any excess reserves, $250,000 will be <u>added </u>to the money supply.
<h3>What is an excess reserves?</h3>
Excess reserves is known to be the capital reserves that is said to be held by a bank or financial institution and it is one that is too much or is in excess of what is needed by regulators, creditors, or others.
Since there is $25,000 worth of U.S. Treasury bills, one will multiply it times 10 = $250,000
Therefore, If the banking system does NOT want to hold any excess reserves, $250,000 will be <u>added </u>to the money supply.
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