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Blizzard [7]
3 years ago
13

On January 1, 2016, Albacore Company had 300,000 shares of its common stock issued and outstanding. Albacore issued a 10% stock

dividend on July 1, 2016. On October 1, 2016, Albacore retired 12,000 of its common shares. When calculating basic earnings per share for 2016, what is the appropriate number of shares for Albacore to use in the denominator of the EPS fraction?
A. 341,350.B. 322,210.C. 344,100.D. 346,850
Business
1 answer:
densk [106]3 years ago
8 0

Answer:

None of the option is correct as the appropriate no of shares are 327000.

Explanation:

As,

The Albacore Company is having 300000 Shares.

On July 1, 2016 10% more dividend is issued.

And Retired 12000 Shares

Thus, as per EPS Fraction the appropriate no of shares are

= 300000 + (300000 × 10%) - 12000 × 1/4

= 327000

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S_A_V [24]

Answer:

D. Land and construction costs are comparatively less expensive in Russia than in Canada

Explanation:

Option D would favor Russia ahead of Canada because of the fact that manufacturing costs are cheaper and they have easier access to Capital. I came to this conclusion since it has been stated that land and construction costs are cheaper in Russia.

In Economics the goal of every firm is to minimize cost and to maximize profit. Option D is cost minimizing for cool cars if they want to duplicate their overall success.

8 0
3 years ago
Omega has a real gdp per capita of $5,000. If it has a constant 6% rate of growth. how many years will it take before omega has
Alla [95]

Nominal GDP is described as GDP that has no longer been adjusted for actual GDP according to capita and is the key statistic used to tune economic increase.

GDP in line with capita is the sum of gross cost brought by using all resident manufacturers within the economy plus any product taxes (fewer subsidies) not blanketed within the valuation of output, divided by means of mid-12 months population. growth is calculated from steady price GDP facts in nearby currency.

As an end result, higher GDP according to capita is frequently associated with superb effects in a wide range of areas along with better fitness, more training, or even more life satisfaction.

GDP per capita is primarily based on purchasing energy parity (PPP). PPP GDP is gross domestic product converted to worldwide dollars using shopping strength parity charges. An international dollar has equal buying power over GDP as the U.S. dollar has in the united states.

Learn more about GDP here: brainly.com/question/1383956

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3 0
2 years ago
expensing the cost of copy paper when the paper is acquired is an example materiality. industry practices. conservatism. expense
sergejj [24]

Expensing the cost of copy paper when the paper is acquired is an example of .Cost constraint.

<h3>What is Cost constraint?</h3>

A cost constraint in accounting occurs when it is excessively expensive to report specific information in the financial statements. The applicable accounting standards permit a reporting entity to forego the associated reporting where doing so would be prohibitively expensive. The purpose of enabling the cost constraint is to prevent firms from paying excessive expenditures to fulfill their financial reporting duties, especially when compared to the benefit received by readers of the financial statements.

Only certain requirements for financial reporting that are mentioned in the accounting standards are subject to the cost limitation. In all other instances, regardless of the underlying cost, financial information must be reported.

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brainly.com/question/21270823

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4 0
2 years ago
Martin Enterprises needs someone to supply it with 120,000 cartons of machine screws per year to support its manufacturing needs
ANEK [815]

Answer:

The Bid Price you should submit is $15.45

Explanation:

NPV = -795000 + 143000*(1-21%)/1.09^5-70000 + 70000/1.09^5 + ((120000*(P-10.15) - 435000 - 795000/5)*(1-21%) + 795000/5)/0.09*(1-1/1.09^5)

        => -795000 + 143000*(1-21%)/1.09^5 - 70000 + 70000/1.09^5 +((120000*(P-10.15) - 435000 - 795000/5)*(1-21%) + 795000/5)/0.09*(1-1/1.09^5) >=0

      =>P = 15.446118865171

Therefore, The Bid Price you should submit is $15.45

6 0
3 years ago
Consider the following binomial experiment: a study in a certain community showed that 6% of the people suffer from insomnia. if
Oxana [17]
To determine the standard deviation of the number of people who suffer from insomnia, you need to use the following formula:
= sqr of npq

= √10,200 people in the community x 0.6 people who suffer from insomnia x 0.91 = ?
= √10,200 x 0.6 x 0.91 = <span>√55.143 = 7.43 

= 7.43</span>
6 0
3 years ago
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