Answer:
$1.90 per share
Explanation:
The computation of the diluted earning per share is shown below:
Diluted earning per share = Net income ÷ Weighted number of outstanding shares
where,
Net income is $680,000
And, the Weighted number of outstanding shares is
= 240,000 + 24,000 × 5
= 240,000 + 120,000
= 360,000 shares
So, the diluted EPS is
= $680,000 ÷ 360,000 shares
= $1.90 per share
We simply applied the above formula
Answer:
c. Erie s ROE will remain the same
Explanation:
As the return on asset is calcualte using the asset figure it will not change with a financial leverage measurement.
As the financial leverage acts in the composition of other side of the accounting (assets = liabilitis + equity) it will change the return on equity, the debt ratio and other metric related to this side but, not the return on assets.
Answer: Option (a) is correct.
Explanation:
Correct Option: The supply of loanable funds but not the supply of dollars in the market for foreign-currency exchange.
If the budget deficit increases, then U.S residents will want to purchase fewer foreign assets and foreign residents wants to buy more of U.S assets.
The budget deficit in the economy has to be financed either by borrowing or by increasing taxes. This budget deficit occurred because of the tax cuts and higher government spending.
If a country running a budget deficit, which lead to reduction in national saving. We all know that interest rate is determined in the loan market, where savers supply the loans to the private borrowers.
So, if there is a fall in the national saving, this will reduced the supply of loans from savers, which raises the interest rate in an economy.
This will attract the foreign flow of capital. This means that demand for domestic assets increases because of the higher interest rate.
Now, if foreign residents want to take an advantage of higher interest rate then they first have to acquire domestic currency.
Therefore, higher interest increases the demand for domestic currency in a market of foreign exchange.
Answer:
(D) Cash proceeds from borrowing
Explanation:
Basically there are three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets. It also includes collections on loans and Cash advance to borrowers
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
Options A, B, and C are the investing activities whereas option D is financing activities.
Answer:
5 hours would work! Hope it helps!
Explanation:
100 off top!
40 in labor for each hour
40 times 5 is 200
so that would cost 300
for xyz
65 off top and 50 in labor for each hour
5 times 50 is 250
250 plus 65 is 315 !
