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inysia [295]
3 years ago
9

Edmond Biometrics reported net income of $ 700 comma 000 for both last year and the current year. The shares outstanding for the

prior year were 100 comma 000 shares for the whole year. On December 1 of the current​ year, Edmond declared a two for one stock split. There were no other stock transactions in either year. Compute the EPS that would be shown on a comparative income statement for Years 1 and 2.​ (Round your answer to the nearest​ cent.)
Business
1 answer:
lukranit [14]3 years ago
4 0

Answer:

Year1 1 EPS = $7

Year 2 EPS = $4

Explanation:

Number of shares outstanding in year 1 = 100,000

Number of shares outstanding in year 2 = 100,000 * 2 = 200,000

Earning per share (EPS) in year 1 = $700,000 / 100,000 = $7

EPS in year 2 = $700,000 / 200,000 = $3.50, or $4 to the nearest cent.

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Property risks are those
Hatshy [7]

Answer:

a

Explanation:

Property risk is an example of a pure risk.

Pure risks are risks in which loss is the only possible outcome. It could be full loss or partial loss. Other examples of pure risks are personal and liability risks

Property risk is the risk that a person or company's property would be damaged or lost.

For example, if a building is set on fire or if a car is stolen

5 0
3 years ago
When economists say that money serves as a store of value, they mean that it is :_______
timofeeve [1]

Answer:

a) a monetary unit for measuring and comparing the relative values of goods.

Explanation:

In the case when the economist said that money could be treated as the store of value so this means that it represent one of the functions of money which can be stored and retrieve later onwards

Also it is a monetary unit that could be used for measuring and also compared the goods value

Therefore the option a is correct

6 0
3 years ago
How can organizations manage diversity effectively?
damaskus [11]

Answer:

Sorry me not Know

Explanation:

4 0
3 years ago
Read 2 more answers
Mathew had purchased 100 shares of Blue Corporation for $100 per share. Currently, the stocks of Blue Corporation are trading at
solong [7]

Answer:

B) 50%

Explanation:

Matthew's total return on investment = (current price - original purchase price) / original purchase price

= ($150 - $100) / $100 = $50 / $100 = 0.5 or 50%

To be able to determine the annual rate of return we would need to know when did Mathew purchase the shares.

6 0
3 years ago
Alternative development means​
Nataly_w [17]
Alternative development means local development

You can search on google for more explanation
This would help you
4 0
3 years ago
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