Today is the most important function of the federal reserve system is

ABC Company incurs a cost of 50 cents to produce a dozen eggs, while XYZ Company incurs a cost of 70 cents to produce a dozen eg

Lerok [7]

Answer:

Option (C) is correct.

Explanation:

Given that,

ABC company: cost of producing a dozen of eggs = 50 cents

XYZ company: cost of producing a dozen of eggs = 70 cents

When the price of a dozen eggs increases from 55 cents to 75 cents,

Producers surplus for ABC company:

= Revenue - Cost

= 75 - 50

= 25 cents

Producers surplus for XYZ company:

= Revenue - Cost

= 75 cents - 70 cents

= 5 cents.

It is the only price level at which both the companies have greater revenues than costs. It means that they both have profits.

It will increase the producer surplus of both the companies.

7 0

3 years ago

On December 31, 2020, Clarkson Company had 100,000 shares of common stock outstanding and 30,000 shares of 7%, $50 par, cumulati

pychu [463]

Answer:Basic Earnings per share =0.93

Diluted Earnings per share = 0.83

Explanation:

basic earnings per share = (net income - preferred dividends) / weighted average stocks

Net income $180,905

Less Preference Dividend (30,000× $50×7%) ($105,000)

Attributable to Holders of Common Stock $75,905

Also, Weighted Average Number of Common Stocks is given as

Common Stocks 1 January 100,000

(outstanding sharesx 12/12)

add common Stocks September 30, 2021 1,500

(sold 6000 treasury stocks x 3/12)

less Common Stocks February 28, 2021 (20,000)

(purchased -24,000 treasury stocks x 10/12 )

Weighted Average Number of Common Stocks 81,500

Basic Earnings per share = $75,905/ 81,500 =0.93

B)

Diluted earnings per share = (net income - preferred dividends) / (weighted average stocks + diluted stocks) =

Net income $180,905

Less Preference Dividend(30,000× $50×7%) (($105,000)

Earnings To Holders of Common Stock $75,905

Also, Adjusted Weighted Average Number of Common Stocks

Weighted Average Number of Common Stocks 81,500

Add

diluted stocks = [($50 - $40) / $50] x 50,000 = 10,000

Adjusted Weighted Average Number of Common Stocks 91,500

Diluted Earnings per share = $75,905 /91,500 =0.83

4 0

3 years ago

True or false. If you take Freshman Success and you don't pass it, you still get the credit

asambeis [7]

the answer for this question would be false

4 0

3 years ago

TB MC Qu. 14-128 (Algo) On June 30, 2021, K Co. had outstanding... On June 30, 2021, K Co. had outstanding 9%, $15,000,000 face

Triss [41]

Answer:

$215,000

Explanation:

Calculation for the amount that K Co. Should recognize as gain on redemption of bonds before income taxes

First step is to find book value of bonds at June 30, 2021

Book value of bonds= ($15,000,000 + $65,000)

Book value of bonds=$15,065,000

Second step is to find the amount of gain on redemption of bonds before income taxes

Gain on redemption of bonds before income taxes=$15,065,000-( 99% × $15,000,000)

Gain on redemption of bonds before income taxes=$15,065,000-$14,850,000

Gain on redemption of bonds before income taxes=$215,000

Therefore the amount that K Co. Should recognize as gain on redemption of bonds before income taxes will be $215,000

3 0

3 years ago

Major sources of foreign direct investment in terms of frequency and dollar amount are Group of answer choices fair trade progra

antiseptic1488 [7]

Venture capitalists are the main sources of foreign direct investment in terms of frequency and dollar amount.

<h3 /><h3>What are Venture Capitalists?</h3>

Corresponds to the purchase of businesses through shareholding, whose purpose is to increase the value of shares for subsequent exit.

Therefore, the venture capitalists provides an equity fund for companies with high growth potential, supporting their development with the aim of achieving substantial return on investment (ROI).

Find out more about venture capitalists here:

brainly.com/question/18776651

6 0

2 years ago