Answer:
The answer is:
A. Yes
B. 3.6
C. 3.43
Explanation:
A. Yes, the warrants is dilutive because the average market price($15) is higher than option price($10).
B. Since there is no preferred shares or preferred dividends, the basic earnings per share is:
Net income ÷ weighted average shares
= $360,000 ÷ 100,000 shares
= 3.6
C. First we need to find the incremental shares. The formula is:
[(average market price - option price) ÷ average market price]x number of shares
[($15 - $10) ÷ $15] x 15,000 shares
$0.33333 * 15,000 shares
5,000 shares
Total number of shares is now 105,000shares(100,000 shares + 5,000)
Therefore, diluted shares is now
$360,000 ÷ 105,000 shares
3.43
Answer:
(Note please, the background of L.L. Bean was not stated. I am answering on a general note.)
L.L. Bean empowered its employees to make independent decisions that ultimately have financial consequences so as to save time needed to consult superior authorities for directions.
Explanation:
In the course of business, some customers might have needs and inquiries that have to be responded to on the spot so that they do not lose their patience and move to other competitors.
When an organization empowers its employees to make independent decisions that might affect the company financially, it is in a bid to serve the customers better by saving their time. This also instills trust and confidence in the company because the employees are knowledgeable of their services.
Make a study schedule! organize all your notes and materials .flashcards work or find a study buddy who needs someone to push them to focus on the task as well.
NOTE- I have not used every thing on this list but I added them so you can see what works for you :) happy studying
for homework help include khan academy, lit charts, brain(duh), Wikipedia- note I wouldn't use wiki as help writing an essay or something it's not considered a reliable source for things like that. wolfram alpha.
to help with bookmarks and citations
Instapaper, pocket, easybib also if you need a grammar checker for things you have to type you can download Grammarly to your desktop I'm using it now and it's so helpful.
to help with note taking
notability, Evernotes, my script nobo, penultimate, supernotes, pages, office lens.
to help with organization istudiez
,todoist,any.do,wunderlist,treilo, my homework
to help with productivity
audimemo, lastpass, dragon diction,freedom,pomodroido
for flashcards, i really recommend quizlet or study blue.
for math calculators use math way it's so helpful and one of the best calculators I've ever used.
note- if you have a school iPad or something this list can help a lot.
phew finally let me post :D
hope I helped - beanz
Answer:
1.Jan 01 Dr Cash 360,000
Cr Notes payable 340,000
2.Interest expense 28,800
Principal Reduction 61,364
Explanation:
MM Co.
1 . Journal entry
Since MM Co. borrows $360,000 cash on January 1 from a bank this means we have to
Debit Cash with the amounts of money he borrowed which is $360,000 and Credit Notes Payable with the same amount.
Jan 01 Dr Cash 360,000
Cr Notes payable 340,000
2. Calculation of the amount goes toward interest expense and Principal reduction
Interest expense 28,800
(360,000*8%)
Principal Reduction 61,364
(90,164-28,800)
Answer:
The company could pay up to 866,965.89 dollars today to solve the current heat exchanger situation
Explanation:
We have to determinate the present value of 7 year annuity which increase at a rate of 7% when the cost of capital is 15% being the first quota 175,000 dollars
grow rate 0.07
required return 0.15
Cuota 175,000
n 7
PV = 866,965.89
