Answer: true
Explanation: stockholders also known as shareholders are individuals or entities that own shares of stock in a corporation. They are therefore the real owners of a publicly traded business, however, management runs it. Therefore, it can be said that stockholders in a corporation entrust control over the company's daily operations to managers selected by the board of directors to run the company.
The preparation of the multi step income statement is shown below
Pacific Scientific Corporation
Multi - step income statement
On December, 2021
Sales revenues $2,106
Less: Cost of goods sold -$1,240
Gross profit $866
Operating expenses
Less: Selling expenses -$126
Less: General and administrative expense -$105
Total operating expenses -$231
Operations income $635
Non operating and other items
Interest expenses -$40
Gain on sale of investment $45
Total non operating $5
Earning before taxes $640
Less- Income tax expense at 30% -$160
Net income $480
Answer:
EPS will be higher than $2.38
Explanation:
The Earnings per share is the value available to stockholders of the company after the deduction of all the expense and taxes. Restructuring expense are one time expense and they are reported as other operating expenses in the Income Statement. The inclusion of restructuring and other one-time charges in the Income Statement results in lower Earnings before Tax and ultimately reduced net profit. If these cost are excluded the Earning will rise which will give rise to EPS of the company.
Multiply 0.13 by 75: $9.75.
Multiply that by 5: $48.75.
Answer:
The correct answer is D. learning to stand alone is part of growing up.
Explanation:
