Answer and Explanation:
The computation of the earnings and dividend per share is shown below;
But before that the net income should be determined
Sales 667000
Less: Costs 329000
Income before depreciation, interest and taxes 338000
Less: Depreciation expenses 73000
Operating income 265000
Less: Interest expenses 46500
Income before tax 218500
Less: Tax at 25% 54625
Net income 163875
a Earning per share = Net income ÷ Outstanding Common stock
= $163,875 ÷ 27200
= $6.02 per share
b Dividend per share = Dividend paid ÷ Outstanding Common stock
= $47000 ÷ 27200
= $1.73 per share
Answer:
Based on the answer to the question, the only one of the given terms of trade (that is, price of stained glass in terms of jeans) that would allow both Sweden and Italy to gain from trade is 8 pairs of jeans per pane of stained glass because 8 pairs is more than 4 pairs, which will be attractive to ITALY and is less than 10 pairs which is a cheaper cost for SWEDEN.
Explanation:
1. Italy's opportunity cost of producing a pane of stained glass is 4 pairs of jeans while Sweden's opportunity cost of producing a pane of stained glass is 10 pairs of jeans
2. By comparing the opportunity cost of producing stained glass in the two countries, you can tell that SWEDEN has a comparative advantage in the production of stained glass and ITALY has a comparative advantage in the production of jeans.
3. Suppose that Italy and Sweden consider trading stained glass and jeans with each other. Italy can gain from specialization and trade as long as it receives more than <u>4 Pairs </u>of jeans for each pane of stained glass it exports to Sweden. Similarly, Sweden can gain from trade as long as it receives more than 0.1 pair of stained glass for each pair of jeans it exports to Italy.
4.Based on the answer to the last question, the only one of the given terms of trade (that is, price of stained glass in terms of jeans) that would allow both Sweden and Italy to gain from trade is 8 pairs of jeans per pane of stained glass because 8 pairs is more than 4 pairs, which will be attractive to ITALY and is less than 10 pairs which is a cheaper cost for SWEDEN.
Answer:
Financial managers highlighted means those saddled with the responsibility of managing companies' finances by envisaging well in advance the financial obligations a business has to fulfill as well planning well ahead for funds to discharged those obligations
Explanation:
However,as the key to ensuring the goal of an organisation in the area of maximizing share price is achieved, the financial managers must be alive to their responsibilities by having a thorough understanding of the stock markets to be able to advise management on those metrics the market players expect from the market if they are to buy its share at higher price.
One key thing that drives share price upward is the sustained increased in profits year on year as well the ability to pay dividends from the profits realized
The transaction where Livingston company pays utilities of $2,500 in cash, this transaction would be recorded as a Debit to Utilities Expense $2,500 and a Credit to Cash $2,500.
<h3>What is an
utilities?</h3>
It refers to the cost consumed in a reporting period related to electricity, heat, sewer, water expenditures etc. These expenses are necessary for running the business and are variable costs that change based on consumption.
The category is also associated with some expenditures for ongoing telephone and internet service.
In conclusion, this transaction would be recorded as a Debit to Utilities Expense $2,500 and a Credit to Cash $2,500.
Read more about utilities
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Answer:
The correct answer is option C.
Explanation:
The price of wine has risen from $7 to $9 per bottle and the price of cheese has fallen from $6 to $5 per pound.
Anne’s income has stayed fixed at $46 per week.
Anne has been buying 4 bottles of wine and 2 pounds of cheese per week.
At the initial price she was spending
=
= $28 + $12
= $40
After the price change she has to spend
=
= $36 + $10
= $46
Since she has to spend more to consume the same level of output, we can say that Anne is worse off.