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dolphi86 [110]
3 years ago
11

The following information pertains to Obama Company's outstanding stock for the year just ended:

Business
1 answer:
dem82 [27]3 years ago
7 0

Answer:

45,000 shares

Explanation:

The computation of the number of shares computed for the basic earning per share is shown below:

= shares outstanding as on Jan 1 + 2 for 1 stock split as on Jan 4 + shares issued as on Jan 7

= 20,000 shares + 20,000 shares + {10,000 shares ×  6 months ÷ 12 months }

= 20,000 shares + 20,000 shares + 5,000 shares

= 45,000 shares

The 6 months are calculated from Jan 1 to July 1

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Alan's employer maintains a long-term disability income plan on which it pays all premiums. Last year, Alan received $40,000 in
Margarita [4]

Answer:

$40,000

Explanation:

If Alan had paid the disability insurance himself, then disability income would not be taxable. But since Alan's employer paid the disability insurance premiums, then any disability payments that Alan received must be included in his gross income and are taxable.

6 0
3 years ago
It is estimated that 100,000 fans will attend a football game. Forty-two percent of them will not be able to park at the stadium
egoroff_w [7]

The answer is: 30 Trips


Total fans = 100,000

<u>The amount of fans that need satelite parking </u>

= 100,000 x 42%

= 42,000 fans


<u>There are 20 buses and each of them can carry 70 fans in one trip. So the maximum number of fans that all of them can carry in one trip:</u>

= 70 x 20

= 1400 fans


<u>Total trips that each bus need to take all fans to stadium </u>

= 42,000 / 1400

= 30 trips

4 0
3 years ago
Ring Technology has a capital budget of $850,000, it wants to maintain a target capital structure of 35% debt and 65% equity, an
Bad White [126]

Answer:

b. $ 952,500

Explanation:

The computation of the amount of the net income for earning to meet out the requirement is shown below:

Dividend = Net income - Target Equity ratio × Total capital budget

$400,000 = Net income - 0.65 × $850,000

$400,000 = Net income - $552,500

So, the net income is

= $400,000 + $552,500

= $952,500

Hence the Net income is $952,500

Therefore the correct option is b. $952,500

3 0
3 years ago
Kayla gathers her staff together at the end of the year and tells the group what goals she has chosen to set for the coming year
ipn [44]

An authoritarian leadership is displayed by Kayla because of his firm decision to gathers her staff and tells them what goals she has chosen to set for the coming year.

<h3>What is an authoritarian leadership?</h3>

An authoritarian leadership is a leadership style used by a leader who exercises full individual control over all decisions and little input from group member.

In conclusion, the authoritarian leadership is displayed by Kayla because of his firm decision to gathers her staff and tells them what goals she has chosen to set for the coming year.

Read more about authoritarian leadership

<em>brainly.com/question/1434322</em>

3 0
2 years ago
Your grandma likes to play Bingo every Friday night. One night she wins $50 and spends it on coloring her hair pink even though
Ilia_Sergeevich [38]

Answer:

Mental accounting.

Explanation:

Mental accounting is the process by which people categorise, code, and evaluate economic outcomes of actions. It involves categorisation of expenses. This classification of funds can lead to irrational behaviour in spending and investment.

Money is valued based on personal and subjective criteria.

In this instance the grandma has classified the $50 as fun money because she won it playing Bingo. Even though she was saving for a rocking share she used the fun money to color her hair.

6 0
3 years ago
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