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Andre45 [30]
3 years ago
9

If a stock split occurred, when calculating the current year's EPS, the shares are treated as issued:A. At the end of the year.B

. On the first day of the next fiscal year.C. At the beginning of the year.D. On the date of distribution.
Business
1 answer:
son4ous [18]3 years ago
7 0

Answer:

Correct answer is (C)

Explanation:

At the beginning of the year.

Earnings per share (EPS) is the portion of profit earned by the company that is allocated to each outstanding share of its common stock. It is determined by taking the difference between a company's net income and dividends paid for preferred stock and then divided by the average number of shares outstanding. So if stock split occurred when calculating the current year EPS, the shares are treated as issued at the beginning of the year.

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Which of the following elements establish an organization's pay structure?A. pay ranges and pay differentialsB. cost control and
mario62 [17]

The correct answer is E; job structure and pay level.

Further Explanation:

Each company has different jobs and pay for their employees. Many workers start a job at entry level positions and will rise higher in the company the more time they are there.

Each job will pay differently and each job will have different levels of pay. This is how the pay structure is established in large companies. State and Federal government jobs always operate on a pay structure such as this.

Learn more about pay structure at brainly.com/question/5044592

#LearnwithBrainly

3 0
3 years ago
Foyert Corp. requires a minimum $6,900 cash balance. If necessary, loans are taken to meet this requirement at a cost of 2% inte
tekilochka [14]

Answer:

answer is attached

Explanation:

     

Download xlsx
7 0
3 years ago
Crane Corp., a company whose stock is publicly traded, provides a noncontributory defined-benefit pension plan for its employees
stiv31 [10]

Answer:

$118,000

Explanation:

Calculation to determine what Crane should report a pension asset / liability

Fair value of plan assets $740,000

Less Projected benefit obligation ($ 622,000)

Pension asset / liability $118,000

($740,000-$622,000)

Therefore Crane should report a pension asset / liability of $118,000

7 0
3 years ago
Mathrans, a textile firm, wants to hire two costume designers for a new movie project. To precisely determine the future job per
irga5000 [103]

Answer:

<u>Validation</u>

Explanation:

The validation process occurs when an organization needs to know the skills and performances of some job seekers. Through a test with selected measures, such as construction measures, content and criteria, it is possible for the company to know and predict if a candidate is able to perform the tasks assigned to the position he is running.

7 0
3 years ago
The company estimates that it can issue debt at a rate of rd = 9%, and its tax rate is 40%. It can issue preferred stock that pa
klio [65]

Answer:

a)

Cost of debt (after tax) = 5.4%

Cost of preferred stock (r_p)  = 10.53%

Cost of common stock (r_e) = 16.18%

b)

WACC = 14%

c)

project 1 and project 2

Explanation:

Given that:

Debt rate (r_d) = 9% = 0.09

Tax rate (T) = 40% = 0.4

Dividend per share (D_p) = $6

Price per share (P_p) = $57

Common stock price (P_0)= $39

Expected dividend (D_1) = $4.75

Growth rate (g) = 4% = 0.04

The target capital structure consists of 75% common stock (w_e), 15% debt (w_d), and 10% preferred stock  (w_p)

a)

Cost of debt (after tax) =`r_d(1-T)= 0.09(1-0.4)=0.09*0.6=0.054

Cost of debt (after tax) = 5.4%

Cost of preferred stock (r_p) = \frac{D_p}{P_P}=\frac{6}{57}=0.1053 = 10.53%

r_p = 10.53%

Cost of common stock (r_e) = \frac{D_1}{P_0} +g=\frac{4.75}{39} +0.04=0.1618

r_e = 16.18%

b)

WACC=w_dr_d(1-T)+w_er_e+w_pr_p\\WACC=0.15*0.09(1-0.4)+0.75*0.1618+0.1*0.1053=0.14

WACC = 14%

c) Only projects with expected returns that exceed WACC will be accepted. Therefore only project 1 and project 2 would be accepted

4 0
3 years ago
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