Answer:
4. $3.00...$2.73
Explanation:
Basic EPS = Net income/average number of shares outstanding
= 1500000/500000
= $3 per share
Diluted EPS = 1500000/(500000 + 50000)
= $2.73 per share
Therefore, Colt should report earnings per share for 2018:
Basic Earnings Per Share of $3
Diluted Earnings Per Share of $2.73
Answer:
Explanation:
The preparation of the income statement is presented below using the generally accepted accounting Principles (GAAP) :
Sales $176,000
Less: Cost of goods sold ($97,200) ($54,000 + $43,200)
Gross margin $78,800
Less: Selling and administrative cost ($31,000) ($17,200 + $13,800)
Net income $47,800
Hence, we considered all the given information
Answer: Decentralized
Explanation: In a decentralized organisation, the seniors in the organisation transfers the authority and responsibility to their subordinates.
This is done by the seniors with the objective of effective running of operations within. The employees in such organisations usually remain more motivated than others.
In the given case, Infososft is encouraging their employees to take their own decisions while dealing with customers. Hence the transfer of authority for decision making is evident.
From the above we can conclude that the correct option is A.
Answer:
a. Considered sunk costs, not relevant in further decision making
Explanation:
the missing options are:
- a. Considered sunk costs, not relevant in further decision making
- b. Considered sunk costs, but still relevant in further decision making
- c. Considered a loss
- d. Considered a profit
After the investment in new technology has been made, it will be considered a sunk cost, because they are no longer relevant or important when considering or evaluating future investments and projects. Sunk costs are expenses that have already been made and incurred, and cannot be recouped.
