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2 years ago

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In your opinion, how clearly must a large infrastructure project like ARC have determined its need, costs, and so forth before b

eing approved?
If the criteria are too stringent, what is the implication for future projects of this type?
Would any ever be built?

1 answer:

Contact [7]2 years ago

3 0

Hope this helps !!!!

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Newton Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,053,000 shares of $10 par common

DedPeter [7]

Answer:

1. The weighted-average number of common shares to be used in computing earnings per common share for 2014 on the 2015 is 2,654,300 shares.

2. The weighted-average number of common shares to be used in computing earnings per common share for 2014 on the 2014 is 4,256,300 shares

3. The weighted-average number of common shares to be used in computing earnings per common share for 2014 on the 2015 is 8,512,600 shares

4. The weighted-average number of common shares to be used in computing earnings per common share for 2015 on the 2015 is 9,580,600 shares.

Explanation:

1. To calculate the weighted-average number of common shares used in computing earnings per common share for 2013 on the 2014 comparative income statement we would have to ake the following calculation:

Jan1.2013-Sep30.2013(2,413,000*9/12)=1,809,750

retroactive adjustment for stock dividend ×1.10

Jan1.2013-Sep30.2013 adjusted= 1,990,725

Oct.2013-Dec31.2013(2,654,300*3/12)= 663,575

Therefore, the weighted-average number of common shares to be used in computing earnings per common share for 2014 on the 2015 is 2,654,300 shares.

2. To calculate the weighted-average number of common shares used in computing earnings per common share for 2014 on the 2014 comparative income statement we would have to make the following calculation:

Jan1.2014 -Mar31.2014(2654300*3/12) 663575

April1.2014 -Dec31.2014 (4790300*9/12) 3592725

Therefore, the weighted-average number of common shares to be used in computing earnings per common share for 2014 on the 2014 is 4,256,300 shares

3. To calculate the weighted-average number of common shares to be used in computing earnings per common share for 2014 on the 2015 comparative income statement we would have to make the following calculation:

2014 weighted average no of shares 4256300

Retroactive adjustment for stock split ×2 =8512600

Therefore, the weighted-average number of common shares to be used in computing earnings per common share for 2014 on the 2015 is 8,512,600 shares

4. To calculate the weighted-average number of common shares to be used in computing earnings per common share for 2015 on the 2015 comparative income statement we would have to make the following calculation:

Jan1.2015-Mar31.2015 (4790300*3/12)=1197575

Retroactive adjustment for stock split ×2

Jan1-Mar31.2015 adjusted. 2395150

Mar1.-Dec31.2015 (9580600*9/12)= 7185450

Therefore, the weighted-average number of common shares to be used in computing earnings per common share for 2015 on the 2015 is 9,580,600 shares.

8 0

3 years ago

The __________ is a graphical representation of the term structure of interest rates.

omeli [17]

This is a yield curve

6 0

3 years ago

Tri Fecta, a partnership, had revenues of $362,000 in its first year of operations. The partnership has not collected on $46,400

OverLord2011 [107]

Answer: $185,500

Explanation:

Total cash received = Sales revenue - Accounts receivable + owner's investment + amount borrowed

= $362,000 - $46,400 + $42,000 + $30,000

= $387,600

Total cash disbursement = Merchandise purchased - Accounts payable + Salaries + Interest + Insurance

= $200,000 - $38,600 + $28,100 + $2,700 + $9,900

= $202,100

Ending cash balance = Total cash received - Total cash disbursement

= $387,600 - $202,100

= $185,500

8 0

3 years ago

The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2016, included the following

Maurinko [17]

Answer:

Net income = $364,000

Earning per share (EPS) = $0.36 per share.

Explanation:

A continuous multiple-step statement of comprehensive income is a form of income statement shows in a categorical and continuous manner operating income, i.e. the profit earned from the primary activities of an entity through buying and selling merchandise, other income and expenses, and net income.

For this question, continuous multiple-step statement of comprehensive income can be prepared as follows:

Lindor Corporation

Multiple-step Statement of Comprehensive Income for 2016

<u>Details $ </u>

Sales revenue 2,300,000

Cost of goods sold <u> 1,400,000 </u>

Gross profit 900,000

Operating expenses:

Selling and administrative expenses <u> (420,000) </u>

Operating income 480,000

Non operating income and exp.:

Unrealized holding gains on inv. sec. 80,000

Interest expense <u> (40,000) </u>

Income before tax 520,000

Income tax (30% * $520,000) <u> (156,000) </u>

Net income <u> 364,000 </u>

EPS (364,000 / 1,000,000) 0.36

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3 years ago

You have responsibility for economic policy in the country of Freedonia. Recently, the neighboring country of Sylvania has cut o

garik1379 [7]

Answer: C) Otto

Explanation: Unlike the general perception evidenced in the research, having inflation is not a negative event. In fact, enjoying constant and controlled price increases is a sign that the demand for households is good, which translates at the same time into a greater need for production which ultimately results in economic growth.

8 0

3 years ago