Answer:
EPS = $3.17
Explanation:
<em>Earnings per share(EPS) is the total earnings attributable to ordinary shareholders divided by the number of units of common stock.
</em>
EPS= Earnings attributable to ordinary shareholders/number of ordinary shares
Earnings attributable to ordinary shareholders= Net income after tax - preference dividend
Earnings attributable to ordinary shareholders = net income - preference divi
dend
Earnings = 33,480 - 4000 = 29,480
EPS = 29,480/9,300 =3.169
EPS = $3.17
Answer:
$1,498,750
Explanation:
The computation of total cost to be purchased is shown below:-
Materials purchased = Ending inventory + materials used - Beginning inventory
= (23,100 × 20% × 2.5) + (24,400 × 2.5) - 12,600
= 11,550 + 61,000 - 12,600
= 72,550 - 12,600
= 59,950
August purchase = Materials purchased × Cost per kilogram
= 59,950 × $25
= $1,498,750
Therefore for computing the august purchase we simply multiply material purchased with cost per kilogram.
Answer:
Tabular summary is attached with this answer in MS EXCEL file.
Explanation:
The journal Entries for the Transactions are as follow
Dr. Cr.
October 1, 2016 Cash $924,000
Bond Payable $924,000
December 31 , 2016 Interest Expense $16,170
Interest Payable $16,170
Interest Expense = $924,000 x 7% x 3/12 = $16,170
Answer:
On the job
Explanation:
Paul has experienced ‘On the job’ training; the employees can gain proficiency with the skills that are required to be performed in the real work conditions and furthermore gets familiar with the workplace. Likewise, the organisation does not have to pay extra cost of setting up a study hall arrangement for granting preparing to the workers; they acquire training on the job.
To calculate sales tax you must:
1. Know the sales tax rate
2. Use the sales tax formula which is
Sales Tax = Total Sales X Sales Tax Rate
Example:
You have a business and you must collect a sales tax at a rate of 8.00%. Your customer bill before adding tax is $399.
Sales tax = $399 times 0.08
Sales tax would be $31.92.
$399 + $31.92 = $430.92 would be the total including sales tax.