The mean of salary for these options is $30.76
Answer:
1. Commercial banks
2. Life insurance companies
3. Mutual funds
Explanation:
commercial banks
The commercial bank is a financial institution that accepts deposits and offer other services such as giving loans and other basic financial services to both individuals and organisations.
Life insurance companies
The life insurance companies are financial institutions that provide lump sums otherwise known as death benefits to beneficiaries of their policy holders upon their demise, provided that premium is paid on regular basis.
Mutual fund
A Mutual Fund is an investment vehicle made up of a pool of funds collected from numerous investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual Funds are operated by professional fund managers, who invest the fund's capital and attempt to produce capital gains and income for the investors.
One of the main advantages of Mutual Funds is they give small investors access to professionally managed, diversified portfolios of equities, bonds and other securities. Each shareholder, therefore, participates proportionally in the gain or loss of the fund.
Answer:
$1.86
Explanation:
Earnings per Share = Earnings Attributable to Holders of Common Stock ÷ Common Stock Outstanding
Old Earnings Per Share
Earnings per Share = $6,000,000 ÷ 1,000,000 = $6.00
New Earnings Per Share
Earnings per Share = $6,000,000 ÷ 1,450,000 = $4.14
Dilution in earnings per share = $6.00 - $4.14 = $1.86
Answer:
Dennis Kozlowski was found guilty of grand larceny, falsifying business records, securities fraud, and conspiracy. He later admitted to have been driven by excessive greed as he overcompensated himself when he served as CEO of Tyco.
Explanation:
Dennis Kozlowski during his crime trial was found to have received "$81 million in unauthorized bonuses, the purchase of art for $14.725 million, and the payment by Tyco of a $20 million investment banking fee to Frank Walsh, a former Tyco director," according to wikipedia.com.
Answer:
Debit income summary $30,00
Explanation:
Closing entries are used to move balances from temporary accounts to permanent baccounts so that a business can recognise income or loss made during an accounting period.
2/3 profit and loss is for Dana, that is (2/3)* 30,000= $20,000
1/3 of profit is assigned to Emile that is (1/3)* 30,000= $10,000
So the close out entries will be
A debit to income summary of $30,000
A credit to Dana of $20,000
A credit to Emile of $10,000
