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irinina [24]
2 years ago
14

As of November 29, it appears that Notel will report earnings per share (EPS) of $1.15 for the quarter ended November 30. Which

of the following events would cause this EPS number to decrease, assuming the event occurs the morning of November 30?
A.

The company pays a supplier for inventory bought on account.

B.

The company declares, but does not pay, a cash dividend.

C.

The company purchases 10 shares of common stock in another company.

D.

The company reissues the treasury stock it holds.
Business
1 answer:
astra-53 [7]2 years ago
8 0

Answer: D.  The company reissues the treasury stock it holds.

Explanation:

Earnings per share is calculated by dividing the Net Income by the weighted average number of shares that a company has outstanding. If the company reissues treasury stock, this would increase the number of average stock outstanding thereby increasing the denominator of the EPS equation which would have the effect of reducing the Earnings per share.

For instance, if a company had net income of $50 and common equity outstanding of $40, the EPS would be;

= 50/40

= $1.25

If the company reissues treasury stock of $30, the EPS would change to;

= 50/ (40 +30)

= $0.71

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The federal organization charged with monitoring illegal workplace discrimination is called the: select one:
TEA [102]
<span>The federal organization charged with monitoring illegal workplace discrimination is called the equal employment opportunity commission (EEOC).

When you are applying for a job or working for a company it is illegal for them to not pick you of something based on what you look like or your gender, nationality and the characteristics that make you, you. Each person regardless of what they look like have to be treated the same and given equal employment opportunity. If there is known discrimination in the workplace, there is a hotline that employees can call to report their workplace to the EEOC.
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7 0
3 years ago
At January 1, 2021, Transit Developments owed First City Bank Group $600,000, under an 11% note with three years remaining to ma
Lana71 [14]

Answer:

Dr Land 125,000

Cr Gain on disposition of assets125,000

Dr Notes payable 600,000

Dr Interest payable 66,000

Cr Gain on troubled debt restructuring 216,000

Cr Land 450,000

Explanation:

Preparation of journal entry(s)

Based on the information given we were told that they group have agreed to settle Transit’s debt innexchange for land which have a fair value amount of $450,000 mean while the Transit purchased the land in 2017 for the amount of $325,000 which means that the Journal entry will be :

Dr Land 125,000

($450,000 – 325,000)

Cr Gain on disposition of assets125,000

Based on the information given we were told that Transit owed First City Bank Group the amount of $600,000 that has an 11% note which means that the Journal entry will be :

Dr Notes payable 600,000

Dr Interest payable 66,000

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Cr Gain on troubled debt restructuring 216,000

Cr Land 450,000

7 0
2 years ago
_____ offer goods to business customers. These business customers are too small to merit a sales call from the distributor s rep
Neporo4naja [7]
The answer is D. Cash and carry wholesalers

This type of business usually doesn't need to make any sales call because customers usually come, pay, and carry the product by themselves

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3 years ago
Montgomery Industries spent $700,000 in 2017 on a construction project to build a library. Montgomery also capitalized $35,000 o
slavikrds [6]

Answer:

The Completed lost of Library is

Explanation: $1224880

Solution

Given that:  

                                     Amount Period Average expenditure

Accumulated

expenditure Jan 1         735000     9/9         735000

Feb. 28                          99000       7/9          77000

Apr. 30                          189000      5/9          105000

Jul. 1                               45000       3/9           15000

Sept. 30                         73000        0                  0

Average Accumulated

expenditure                   1141000                       932000

Interest to be capitalized = 932000*12%*9/12= $83880

The Completed lost of Library = 1141000+83880= $1224880

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How a researcher knows what is topical within his or her subject and why it is important to know that
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The research topic that the researcher finds is interesting and hence, he becomes <u>anxious to complete the research work to add value to existing gap.</u>

The research's "what," or the subject to be examined, is provided by the topic. The researcher can locate the research in the literature by defining and identifying the "what" of the study. The drive to pursue an interest is personally generated by curiosity. You can concentrate interest by concentrating on accuracy and clarity.

You must select one study topic that can be thoroughly studied. Clearly define your bounds. Take into account this illustration of topic concentration. Try this question instead of "I am interested in why children are not succeeding": "What effect does comprehending specialised academic language have on accomplishment in the natural sciences for third-grade Hispanic second-language learners?"

To learn more about topic in a research here,

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