What were the recommendations after the outbreak? why do you think these recommendations were made?

During 2020, XYZ Corporation had 1,000,000 shares of common stock and 50,000 shares of 6% preferred stock outstanding. The prefe

motikmotik

Answer:

XYZ Corporation

a. Basic earnings per share = $6,000,000/1,000,000

= $6.00

b. Diluted earnings per share = $6,000,000/1,010,500

= $5.94

Explanation:

a) Data and Calculations:

Outstanding shares December 31, 2020:

Common stock = 1,000,000 shares

6% Preferred stock = 50,000 shares

Dividends declared:

Preferred $200,000

Common $400,000

Issue of shares during the year:

6% Convertible Bonds = $2,100,000

Each $1,000 bond convertible into = 5 common shares

= $2,100,000/$1,000 * 5 = 10,500

Net income for the year = $6,200,000

Preferred dividend = (200,000)

Available for common stock = $6,000,000 ($6,200,000 - $200,000)

Income tax rate = 25%

4 0

3 years ago

Suppose the market for plain white t-shirts is perfectly competitive and in long-run equilibrium. Now suppose the demand for pla

yan [13]

In the new long-run equilibrium, there would be an increase in the number of suppliers of t-shirts.

<h3>What would happen when the demand for plan white t-shirts increase?</h3>

A perfect competition is when there are many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply.

When demand for t-shirts increase, there would be an excess of demand over supply. This would lead to a shortage. This would increase the price of t-shirts. In the long run, more suppliers would enter into the industry and this would increase supply of t-shirts. As a result, equilibrium would be restored.

To learn more about perfect competition, please check: brainly.com/question/17110476

#SPJ1

4 0

2 years ago

While Hong is on the phone with a supplier, she hears the chimes of her e-mail, alerting her to a message. While she is scanni

telo118 [61]

Answer:

The options for this question are the following:

A. faulty expression

B. information overload

C. selective perception

D. filtering

E. jargon

The correct answer is B. information overload .

Explanation:

Information overload is a term coined in 1970 by Alvin Toffler, an American writer and scientist whose work focuses on the changes that occur in society as a result of certain technological advances. Information overload occurs when you are faced with more information than you are capable of processing and, as a consequence, you either postpone some of the decisions you have to make or you make wrong decisions.

In the current Information Age, practically everyone has access to the Internet, the sending of emails has exponential growth every year and social networks have opened new channels of communication. The cost of storing and duplicating information tends to zero, which means that each time our computers have higher capacity hard drives that, in any case, we did not take long to fill with a multitude of videos, e-books, music, photographs, etc.

8 0

4 years ago

Abby Mia wants to know how much must be deposited in her local bank today so that she will receive yearly payments of $18,000 fo

saveliy_v [14]

Answer:

$164,313.82

Explanation:

In this question we have to apply the present value formula i.e to be shown in the attachment

Provided that,

Future value = $0

Rate of interest = 9%

NPER = 20 years

PMT = $18,000

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula the present value is $164,313.82

8 0

3 years ago

a decline in discpsable incomeAssume a machine that has a useful life of only one year costs $2,000. Assume also that net of suc

Vlad1618 [11]

Answer:

The firm should purchase the machine.

Explanation:

let the expected rate of return be x :

x = 2000 + 20000x% = 2300

= 300/20

= 15%

Therefore, The expected rate of return (15%) exceeds interest rate (10%) of fund, the firm should purchase the machine.

6 0

3 years ago