Answer: $123,583.90
Explanation:
Given the following Parameters,
Net income = $120,226,
Interest rate = 9%
Tax = 30%
The following formula then applies,
Diluted EPS = (Net income + Interest after tax)/Total outstanding shares outstanding
Now, Interest(Before tax) = $53,300 * 0.09 = $4797
Now we have to calculate it After Tax
= 4,797 (1-tax rate)
= 4,797(1-0.3)
= $3,357.90
The numerator is,
= (Net income + Interest after tax)
= 120,226 + 3,357.90
= $123,583.90
The numerator in the diluted earnings per share calculation for 2018 would be $123,583.90
Answer:
$1,000 loss
Explanation:
The numbers are missing here, so I looked for a similar question:
A copy machine cost $5,000 when new and has accumulated depreciation of $4,000.
The carrying value of the copy machine = purchase cost - accumulated depreciation = $5,000 - $4,000 = $1,000
if the copy machine is discarded and doesn't get any money for it, this will result in a loss equal to the carrying value = $1,000
Answer:
A.$2,619
B.$6,800
C.$839
D.$495
Explanation:
Calculation to Determine the amount to be paid in full settlement of each of the invoices,
a) (2,800-200)*99%+45
=2,600*99%+45
=2,574+45
= $2,619
b) (7,600-800)
= $6,800
c)$1,400 – $600 – $16 + $55
=$784+$55
= $839
d)$500 –$5 = $495
Answer:
Is there any multiple choice?