Answer:
Sell now, the company will be better off by $18200
Explanation:
The computation is shown below:
Sales value after processing the product (26,000 × $14) $364,000
Less: sales value (26,000 × $8) $208,000
Increase in advantage due to processing $156,000
Less: processing cost ($174,200)
Net disadvantage of processing the product ($18,200)
As we can see the final answer comes in negative which means the product should be sold now
EPS is Net Income attributed to shareholders divided by no. of shares outstanding. The dividend on preferred stock is subtracted from net income before calculating earnings per share (EPS). Following is the formula for Earnings per share
EPS = (Net Income – Preferred Dividend)/ No. of common stocks outstanding
= ($611,000 - $84,000)/ 303,000
= $1.74
Therefore, earnings per share would be $1.74.
Saudi Arabia has the most
Answer:
True
Explanation:
The main advantage of a compound interest account is that the interest that you earn also earns interest, so the total amount of earned interest increases.
For example, a $10,000 account earning simple interest at a 4% rate will earn $4,000 in ten years. While the same amount in a compound interest account will earn $4,802.
