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andreev551 [17]
3 years ago
9

Adam Company's net income for the year is $100 million. Weighed-average shares are 50 million shares. In addition to common shar

es, the company also has $50 million par value, 8% cumulative preferred stock outstanding. The company's basic EPS will be $2.08:____________
Business
1 answer:
djyliett [7]3 years ago
8 0

Answer:

$1.92 per share

Explanation:

The computation of the earning per share is shown below:

Earning per share = (Net income - dividend) ÷ (Weighted Number of shares)

where,

Net income is $100 million

Preference dividend is

= $50 million × 8%

= $4 million

And, the weighted number of shares is 50 million

So, the earning per share is

= ($100 million - $4 million) ÷ (50 million shares)

= $1.92 per share

So we applied the above formula so that the earning per share could come

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Considering the situation described above, this demand for bread can be categorized as a "<u>static demand</u>."

This is because a <u>static demand</u> is a type of demand that is not flexible at any given point.

Also, demand is said to be static when the change in quantity demand of a commodity is relative to a change in the unit price of a commodity.

Thus, in this case, when the demand for bread in Ahoma City ranges from 100 to 120 tons per day, every day of the year, this is an example of a <u>Static demand</u> because it is stable throughout the year.

Hence, in this case, it is concluded that the correct answer is "<u>Static Demand</u>."

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3 years ago
A separation between ownership and management is most likely to occur in a:
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3 years ago
A good for which it is impossible or at least very costly to exclude nonpaying customers from receiving the good and for which m
Andrew [12]

A public good, public goods are non both non-excludable and non-rivalrous. Non-excludable means that individuals can not be excluded from using it. Use by one individual does not reduce the availability. Examples include knowledge, streetlights and light houses

4 0
3 years ago
_________ is formed when a firm entering a market pools its resources with those of a local firm. (more control, more risk relat
telo118 [61]

Answer:

Joint venture

Explanation:

Typically , joint venture is formed in order to:

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To pursue an emergency market, two companies who operate in a similar industry can join their resources to face off larger competitors. Even though they might lose a little bit of control over the business, the profit that obtained from beating their competitors might be enough to cover the inconvenience

- increase the efficiency of their operation

Sometimes, companies also create a join venture because both parties involved have infrastructure that complement each others. Rather than purchasing new assets, creating a joint venture might be a cheaper option.

- Reduce the Risk of the operation

Creating a joint venture will also cut of the percentage of the profit that each parties initially obtain. But, the risk from potential loss will also be divided between each parties involved in the joint venture.

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3 years ago
Please answer, first get's brainliest
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Supply and demand affects the labor market just like any other market. If there is an extra supply of immigrant workers that come into the workforce and the demand for jobs stays the same then employees could have less job stability and employers would be willing pay less causing income to drop

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4 0
3 years ago
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