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Cloud [144]
3 years ago
9

Cracker Company had 2 million shares of common stock outstanding all through 2017. On April 1, 2018, an additional 100,000 share

s were sold and issued. On September 30, 2018, Cracker declared a 2-for-1 stock split. Net income in 2018 and 2017 was $10 million and $8 million, respectively. In the 2018 comparative financial statements, EPS (rounded) would be reported as follows: 2018 EPS 2017 EPS a. $ 2.41 $ 2.00 b. $ 2.41 $ 4.00 c. $ 4.82 $ 4.00 d. $ 4.82 $ 4.00
Business
1 answer:
JulsSmile [24]3 years ago
8 0

Answer:

a. $ 2.41 $ 2.00

Explanation:

Earning per share is the ratio of net Income of the business per outstanding share of the business after deducting the preferred dividend from net earning. It shows how much each stockholder earn against their each share in a specific period.

Earning Per share = Net Income / Outstanding numbers of shares

2017

EPS = $8,000,000/(2,000,000 x 2) = $2.00

As new stock is issued and stock split is declared so, outstanding numbers of shares are changed.

2018

EPS = $10,000,000 / [ ( 2,000,000 x 2 ) + ( 100,000 x 9 / 12 x 2 ) ] = $2.41

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Lubov Fominskaja [6]

Answer:

True

Explanation:

A publicly owned corporation is a company is a company owned by shareholders. This type of company's shares is freely traded on a stock exchange

Characteristics of A publicly owned corporation

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6 0
3 years ago
In his 1935 book, Harold Laswell described politics as "Who Gets What When How." The American concept of pluralism, or group pol
KatRina [158]

Answer:

D) influencing decisions affecting one's life.

Explanation:

Pluralism is an American theory of governance that states that political power is controlled by several groups of people and not the citizens as a whole. These several groups of people constitute organizations, activists, environmentalists, and other impactful groups who seek recognition and acceptance from the populace and who make decisions that affect the citizens. One attribute of Pluralism is the fact that no single elite or groups of elites control decision making in governance.

The groups of people have powers that are limited in scope and regulated by competition with other groups. Moreso, these groups seek approval from the populace and that is why opinion polls, surveys, elections, etc., are carried out in order to ascertain which entities are more popular with the people.

4 0
3 years ago
According to the most recent data available, there are approximately ____ noncustodial mothers in the united states.
kodGreya [7K]
<span>According to the most recent data available, there are approximately two million noncustodial mothers in the united states.
</span>

<span>A custodial parent is the term for a parent who has lawful and physical guardianship of their kid. There are around 13.7 million single guardians in the United States. Of these single parents, 84% of custodial guardians are moms and 16% are fathers. A non-custodial parent does not have legitimate or physical guardianship of their kids, which is typically chosen by a court. Half of non-custodial moms are thoroughly default on help, which implies they struggle or can't pay for the help their families need.</span>

3 0
3 years ago
The executives for New Haus LLC set the retail objective for the company. These objectives are broken down in order to create th
yaroslaw [1]

Answer:

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Explanation:

Top-down planning  -

It refers to the method planning , where the goals are bifurcated and placed according to the hierarchy from top to bottom , is referred to as top - down planning .

As breaking and arranging the goals , make the process to accomplish the goals in a better manner .

The process require the movement from higher level to lower level , in a very orderly manner to hasten the process .

Hence , from the given scenario of the question ,

The correct answer is Top-down planning .

4 0
3 years ago
6. Why is it important to consider the structure of your resume and what
Mkey [24]

Answer:

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