Answer:
(1) The number of shares of common stock that Francis should use in calculating basic earnings per share for 2019 :
= 24000 + 3000 + 2000
= 29000
(2) Basic EPS for 2019
EPS = net income / outstanding shares
= 72500 / 29000
= 2.5
(3) Diluted EPS for 2019
Diluted EPS = (net income - preferred stock dividned )/ (Common Shares Outstanding + Unexercised Employee Stock Options + Convertible Preferred Stocks + Convertible Debt + Warrants)
= 72500/(29000+ 2500 + 250 )
= 2.28
Answer:
d. premium pricing.
Explanation:
Premium pricing is the strategy of pricing in which the product is highly priced in comparison to that of the other similar products available in the market. This is done in order to keep the belief in customers that the product is superior than those available in the market.
Some people those who think that expensive products are always nice, prefer these kind of products.
Here in the given instance also Sherry prefers this model and her ideology also matches with this technique.
Answer:
Partly by the market mechanism and partly by the political process.
Explanation:
Capitalist Economy is private owned economy, with no state control, having profit maximisation objective. Socialist economy is state (govt) owned economy, having social welfare objective.
Mixed Economy is an economy co-owned by private & government sector. The goal is to achieve balance between profit maximisation & social welfare. The central problems of economy 'what, how, for whom to produce' are solved by both private & government sector. Output is allocated both on the basis of free market demand & supply mechanism, also on the basis of state/ govt (political) process. The govt (political) process regulates & monitors private role through various market interventions :- maximum quotas, price ceiling, price floor etc.
Answer:
Setup time = 2.5 min. per order
Process capacity = 1.09 units/minute
Utilization = 7.5 minutes
Explanation:
The time to cook just one order = 3 minutes
Cooking two orders in a batch = 3.5 minutes
cooking three orders = 4 minutes
bagging and accepting payments = 0.80 minutes
a) Setup time:
Setup time = 3 - 0.5
= 2.5 min. per order
b) Process capacity:
Production = Setup time + ( Processing time * Batch size )
= 2.5 + (0.5 * 6)
= 5.5 minutes
Process capacity = Batch size / Production
= 6 / 5.5
= 1.09 units/minute
c) Utilization:
Batch size = 10
Production = Setup time + (Processing time * Batch size)
= 2.5 + (0.5 * 10)
= 7.5 minutes
Answer:
The answer is: Normative leadership model
Explanation:
The normative leadership model requires Pier to analyze the following seven situations:
- How will my decision will affect the organization?
- Is it important that team members are committed to the decision making process.?
- As a leader, do I possess the knowledge to solve try to solve this issue?
- If only I are responsible for making the decision, will the rest of the team be committed to it?
- My team members support me and the organization?
- The team members possess the knowledge to try to solve this issue?
- Can team members unite and really work as a team to solve this issue?
Depending on what Pier believes the correct answers are for the above questions, he can decide to use one of the following decision making processes:
- Decide: Pier makes the decision by himself with little or no participation of the team members.
- Consult (Individually): Pier consults the team members individually, deciding what information to use, and then makes a decision by himself.
- Consult (Group): Pier organizes a group meeting where all members express their opinions, then decides what information is useful and makes the decision by himself.
- Facilitate: Pier organizes a group meeting and presents his opinion and every group member participates. The decision is made by group consensus.
- Delegate: Pier leaves the decision making process entirely to the group members and doesn't participate in it.
