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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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A company is assessing opportunities in the BRIC countries and determines that ________ is one of the youngest populations in th
san4es73 [151]

A company is assessing opportunities in the BRIC countries and determines that India is one of the youngest populations in the world and is increasingly adopting global attitudes.

Explanation:

The BRIC classification acronym refers to the nations of Brazil, Russia, India and China that are perceived to be developing nations working their way towards becoming developed nations during a similar stage of newly established economic growth.

India is among the youngest people worldwide with such a median age of 26.7 years. Her young people are becoming more and more urban, residing in growing cities and shopping in malls.

There is a shortage of modern facilities and structures to handle India's retail environment. India's population, especially in technical fields, is highly skilled.

6 0
2 years ago
suppose you pay $9,400 for a $10,000 par treasury bill maturing in 6 months. what is the annualized holding period return for th
Leni [432]

The annualized holding period return for this investment is 13.17%.

<h3>Define annualized total return.</h3>

The fund's annual return is calculated using the annualized total return to show the rate of return required to generate a cumulative return. A holding period is the duration of time an investor keeps an investment in their portfolio or the interval between buying and selling a security.

The geometric average of yearly returns for each year during the investment period is known as the annualized return. When comparing two investments with different time periods or examining an investment's performance over time, the annualized return can be helpful.

Annualized Return =(Future value + Present value) ^ (1 / N) - 1

= [10,000/9,400]^12/6 - 1

= (1.0638298)²-1

= 1.1317 - 1

= 13.17%

To learn more about to calculate annual return, visit:

brainly.com/question/17023498

#SPJ4

4 0
9 months ago
The Nearside Co. just paid a dividend of $1.20 per share on its stock. The dividends are expected to grow at a constant rate of
masha68 [24]

Answer and Explanation:

The computation is shown below:

a. Current price is

= D1 ÷ (Required return - Growth rate)

= ($1.20 × 1.04 ÷ (0.1 - 0.04)

= $20.8

b. Now the price in three year is

P3 = Current price × (1 + Growth Rate)^3

= $20.8 × (1.04)^3

= $23.40

c. For price in 10 year it is

P10 = Current price × (1 + Growth Rate)^10

= $20.80 × (1.04)^10

= $30.79

We simply applied the above formula

6 0
3 years ago
Consider the following duopoly in which the two firms sell a homogeneous product. The inverse demand is given by p = 10 − 1 2 Q.
Feliz [49]

Answer:

Price will be 6.6

Explanation:

You can find the attached file.

Download docx
3 0
3 years ago
17. What is the difference between a stock dividend and a stock split? As a stockholder, would you prefer to see your company de
gulaghasi [49]

Answer: The answers are provided below.

Explanation:

A stock dividend occurs when the firm uses the money that was meant to be paid to the shareholders as cash dividend to buy additional common shares for them. A stock split occurs when a firm gives two or more new shares to every existing share that an investor holds.

As an investor, I'll consider whether the aim of the company in making a stock split or issuing a stock dividend aligns with my aim of investing in the company. In a case where the aims doesn't align with mine, I'll go and invest in another firm.

A company declaring 100% dividend shows growth and also, as a stakeholder, tax may not be paid by me. Stock split gives room for small investors to invest and it also reduces share price.

4 0
2 years ago
Read 2 more answers
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