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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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Jasper Company has 70% of its sales on credit and 30% for cash. All credit sales are collected in full in the first month follow
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Jasper Company Cash Receipts Budget shows the estimated cash receipts from customers and other sources.

<h3>Cash Receipts Budget for April, May, and June:</h3>

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Cash Sales 30%    $157,500   $160,500   $168,000    $486,000

Credit Sales 70%    400,000   367,500    374,500    1,142,000

Total             $557,500  $528,000  $542,500  $1,628,000

Calculations:

a) Cash Sales for April = 30% of April Sales = 30% * $525,000 = $157,500. The difference of 70% is received in May.

b) Sales received on account for April = 100% of Accounts Receivable = $400,000.

c) Cash Sales for May = 30% of April Sales = 30% * $535,000 = $160,500. The difference of 70% is received in June.

d) Cash Sales for June = 30% of April Sales = 30% * $560,000 = $168,000. The difference of 70% is received in July.

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2 years ago
The ______ process consists of the analyses, decisions, and actions an organization undertakes in order to create and sustain co
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Gaden company sells a product for $50 per unit. Warialbe costs are $40 per unit. Calculate the contribution margin per unit, in
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The Garden company sells a product for $50 per unit. Variable costs are $40 per unit.  50 % of the contribution margin per unit, in total, and as a ratio.

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15250 / 30500 = 50%.

Variable costs are directly related to the cost of producing goods and services, whereas fixed costs do not change with the level of production. Variable costs are commonly referred to as COGS, but fixed costs are not usually included in COGS. Fluctuations in sales and production levels can affect variable costs when factors such as sales commissions are included in the unit price of production. On the other hand, fixed costs still have to be paid, even if production slows down significantly.

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In 2-5 paragraphs, describe how you plan to use at least one technology you learned about in the course in order to work more ef
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I will use one the technology to boast my work output so that i can be more efficient in my business dealings and boast productivity.

<h3>What is the role of technology?</h3>

The use of technology is one that has helped a lot of business professionals to be more and more efficient in their work output.

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A rule of nature that tells you what will happen under certain conditions is a
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I guess the correct answer is Scientific Law.

Scientific Law is rule of nature that tells you what will happen under certain conditions.

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