Net income available to Weighted avg. Common Per Share
Common stockholders. Shares outstanding
(a) (b) (a-b)
<u>Basic EPS $896,000 375,000 $2.39</u>
<u>Diluted EPS $904,400 380, 600 $2.38</u>
No. of Common shares to compute diluted EPS
= <u>Common shares + Convertible doods</u>
375,000 + [$140,000 x 40/$1000]
= 375,000 + 5,600
= 380,600
To calculate earnings per share, subtract preferred dividends from the company's net income. Then divide that amount by the average number of common shares outstanding. Subtract preferred dividends from a company's net income and divide the result by the sum of the weighted average number of shares outstanding and the number of diluted shares.
Learn more about The relevant tax rate here:- brainly.com/question/19522494
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Answer:
Explanation:
They helps to boost economy of country and provides goods and services at reasonable price. On the other hand, it is competitor of many companies like superstore, save on foods etc
Based on the fact that the demand elasticity is 0.91, the revenue-maximizing decision would be to d. increase tuition, which would generate more revenue.
<h3>Why is this the revenue-maximizing decision?</h3>
When the demand elasticity is below 1 as is the case here, it means that demand is inelastic.
When demand is inelastic, an increase in price will lead to a lower decrease in demand. This means that increasing prices for enrollment in this college will bring in revenue because there won't be much change in demand.
In conclusion, option D is correct.
Find out more on demand elasticity at brainly.com/question/6791468.
Today's youth grow up with the internet. Thus they look at it differently from the previous generation who mostly use it for entertainment or research. For the youth, the internet is the way to communicate, congregate and share information of their social life. It is obvious that the internet has and will continue to change the way we live. The internet has changed education which the youth spend most of their days. Students can get access to areas of their interests. Someone can even study online without going to school.
It is a good thing in my opinion and the government should introduce computer and internet study from elementary school. That way students benefit from the unprecedented access to information the internet provides, as well as the ability to share knowledge across the globe. Millions of books, journals and other useful materials of learning are available online.
In conclusion, despite all the doubts people have about the internet being a dangerous place, it is important for the youth to have access to it.
Answer:
The correct answer is (B)
Explanation:
Assurance refers to financial inclusion that gives compensation for goods and service. Assurance is partially different than insurance, assurance is partially implemented for an unlimited period. The company wants assurance because of the lack of confidence due to bad past experience. Assurance or insurance is usually provided to the customers to regain their confidence. In this scenario it is feasible to request a guarantee before placing next order.
