Answer:
$55
Explanation:
The earnings per share indicate the profit per outstanding stocks and it is calculated by dividing the net income by the number of shares of outstanding stocks. According to this,
Earnings per share= $27,500/500
Earnings per share= $55
Wild Trails Inc.'s earnings per share (EPS) is $55.
Answer:
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<em>Hope</em><em> </em><em>this</em><em> </em><em>helped</em>
It’s c I had this problem a week ago
Answer:
Decrease / Indeterminate
Explanation:
In this scenario the price of cherries is lower so she can buy more to make pies. This increases the quantity she can produce.
The new type of cherry pie that consumers like will increase the demand for it, so this also causes increase in quantity of cherry pies.
With regards to the price we cannot determine if it will rise of decrease.
Normally as quantity demanded for product increases the price will also increase. This allows the seller make more product.
On the other hand a major input that is cherries has decreased in price. So cost of production is lower. This should result in lower price of cherry pies.
Answer:
The correct answer is $400,000 (increase).
Explanation:
According to the scenario, computation of the given data are as follows:
Stock issued = 200,000 shares
Fair value = $6
Time period = 3 years
So, we can calculate the effect on earnings by using following formula:
Effects on earning = Stock issued × Fair value ÷ Time period
By putting the value, we get
Effects on earning = 200,000 × 6 ÷ 3
= $400,000 (Increase)
