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ehidna [41]
3 years ago
14

Fox Co. had 120,000 shares of common stock outstanding at January 1. On July 31, it issued 60,000 additional shares of common st

ock. Outstanding all year were 10,000 shares of nonconvertible cumulative preferred stock. What is the number of shares that Fox should use to calculate earnings per share for the calendar year?
Business
1 answer:
balu736 [363]3 years ago
8 0

Answer:

180 000 common stock shares outstanding

Explanation:

preference shares are not used in calculating earning per share. Earning per share is the part of the firm's profit that is attributed to common stock shares. It is an indicator of financial strength of a company. It also shows the intrinsic value of the company's shares. This can be used to determine if a share is overvalued or under valued in the equity market.

The company  has 120, 000 common stock shares and issued additional 20,000 common stock shares totaling 180,000 common stock shares.

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All of the following course requirements must be completed to earn a bachelor's degree at most four-year colleges except
Semmy [17]

Answer: The correct answer is choice c - minor requirements.

Explanation: When a student is working towards earning a bachelor’s degree at most four year colleges they are not normally required to choose a minor. The standard requirements are normally electives, general education requirement and major requirements.

5 0
3 years ago
Read 2 more answers
Determine what type of model best fits the given situation: the value of a classic car is presently $50,000 and is increasing in
jok3333 [9.3K]

The model that best fits the given situation is exponential  

<h3>what is an Exponential Function?</h3>

Exponential function, in mathematics a relationship of the form y = a^{x}, where the independent variable x extends over the entire real number line as an exponent of a positive number a. The most important exponential function is y = e^{x}.    

Here,

The value of a classic car = $50,000

It is increasing in value by 5% per year.

So, here we have a = 50,000 and x = 5%

The function is increasing.

b = 1+5%

b = 1+0.05 = 1.05

Hence, the function that describes this situation is given by:

f(x)=50000(1.05)^{x}

To learn more about Exponential Function from the given link

brainly.com/question/10750625

#SPJ4

4 0
2 years ago
12 less than the quantity of a number and 7 is -2
Len [333]
X= a number

Less than means to subtract from the quantity.

(x + 7) - 12= -2
add 12 to both sides
x + 7= 10
subtract 7 from both sides
x=3

ANSWER: A number equals 3.

Hope this helps! :)
8 0
3 years ago
Problems which deal with the direct distribution of products from supply locations to demand locations are called:____________.
SOVA2 [1]

Answer:

a. Transportation problems

Explanation:

In Business management, problems which deal with the direct distribution of products from supply locations to demand locations are called transportation problems.

Transportation is a supply chain technique which primarily includes all of the process involved in the distribution of finished goods and services from the production line to the consumers or end users, so as to meet their needs or wants.

6 0
3 years ago
The slope of the budget constraint A. measures the rate at which the consumer can trade one good for another. B. equals the rela
8_murik_8 [283]

Answer:

B. equals the relative price of the two goods.

Explanation:

A budget constraint refers to how much money a person or a company has to spend in any given pair of goods or services, e.g. you have $10 and you want to eat hot dogs and drink Coke.

The slope of the budget constraint refers to the relative price of the two goods or services, e.g. a hot dogs costs $2 and a Coke costs $1.50. The slope of the budget constraint = $1.50 / $2 = 0.75. The slope of a budget constraint is always equal or less than 1, that is why the smallest value is the numerator.

4 0
3 years ago
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