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Rina8888 [55]
3 years ago
7

g The Esposito Import Company had 1 million shares of common stock outstanding during 2021. Its income statement reported the fo

llowing items: income from continuing operations, $7 million; loss from discontinued operations, $2.0 million. All of these amounts are net of tax. Required: Prepare the 2021 EPS presentation for the Esposito Import Company
Business
1 answer:
asambeis [7]3 years ago
6 0

Answer:

$5.00

Explanation:

Preparation of the 2021 EPS presentation for the Esposito Import Company

Earnings per share:

Income from continuing operations$7.00

Less Loss from discontinued operations(2.0)

Net income $5.00

Therefore the Net income after the Preparation of the 2021 EPS presentation for the Esposito Import Company is $5.00

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Neko [114]
Free market economy is a system that is solely based on the supply and demand and that there is very little or no governmental control at all. This type of government is able to grow because of its flexibility depending on the needs of the consumers and not on the imposed law by authorities. 
7 0
2 years ago
Your goal is to withdraw $25,000 in 10 years. To get the money for this withdrawal, you will make the aforementioned five equal
NikAS [45]

Answer:

the interest rate is missing, so I looked for similar questions and found that the semiannual interest rate is 3%.

first of all, we must determine the amount of money that we need to have in our account in order to be able to withdraw $25,000 in 10 years.

You will start making your semiannual deposits today and they will end in exactly 2 years, so we need to find out the present value of the $25,000 in two years:

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that is now the future value of our annuity due:

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$15,579.17 = semiannual deposit x 5.46841

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7 0
2 years ago
Assume the state of Alabama placed a tax on playing cards of 6 cents per pack. If the state generated $48600 in revenue, how man
Rasek [7]

Answer:

the number of packs of cards sold is 810,000 units

Explanation:

The computation of the number of packs of cards sold is shown below:

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Q =$48,600 ÷ 0.06

Q = 810,000

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We simply applied the above formula so that the correct value could come

And, the same is to be considered  

3 0
2 years ago
Outsourcing and telecommuting are examples of which workplace trend?
seraphim [82]
<h2>Answer</h2>

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<h3>Explanation</h3>

Outsourcing and telecommuting are the trends related to presence of growing technology within the economy allowing various services to be outsourced to people who are more of an expert when it comes to handling those procedures. Overall, these trends are mainstream nowadays and allow businesses to succeed in an articulate manner together with allowing tertiary industry to thrive

3 0
3 years ago
Read 2 more answers
Sheffield Corp. has 285,000 shares of $8 par value common stock outstanding. It declares a 13% stock dividend on December 1 when
astra-53 [7]

Answer:

285,000 common stock outstanding with a $8 par value

it declares 13% stock dividend

market price at $16

since the stock dividend is considered small (less than 20%), we use the market price to record it

December 1, 202x stock dividends are declared (37,050 stocks)

Dr Retained earnings 592,800

    Cr Common stock dividends distributable 296,400

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December 31, 202x, distribution of stock dividends

Dr Common stock dividends distributable 296,400

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3 0
3 years ago
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