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borishaifa [10]

3 years ago

14

Neue Inc reports net income of $500,000; during the year, the company declared $100,000 in preferred stock dividends and had an

average of 250,000 shares of common stock outstanding. Earning per share rounded to the nearest cent will be:

1 answer:

Nataly [62]3 years ago

3 0

Answer:

1.60

Explanation:

($500,000 - $100,000)/250,000

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In 2–3 sentences, describe how you would conduct a search for a single record.

boyakko [2]

There are several ways you can find a record. The easiest way is by using the find command. You can do this by pressing the combination keys Control + F. You will then see a mini search box in the top right corner of your screen. Lastly, type in the word, phrase, or record that you want to find. You will then be directed to several highlighted words, and TADA! :D

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Identical products, as well as a large number of buyers and sellers, are characteristics of aperfectly competitive market. In su

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Answer and Explanation:

Perfect competition is a competitive market where there is a very wide number of buyers and sellers who offer the same or similar goods with great product and service information. Furthermore, this sector has free entry and exit

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3 years ago

In 2020, Wildhorse Corporation reported net income of $1,021,600. It declared and paid preferred stock dividends of $265,100. Du

ikadub [295]

Answer:

Wildhorse’s 2020 earnings per share is $3.79

Explanation:

The computation of the earning per share is shown below:

Earning per share = (Net income - preference dividend) ÷ (Average weighted of common outstanding shares)

where,

Net income and the preference dividend is $1,021,600 and $265,100

And, the number of shares are 199,600 shares

Now put these values to the above formula

So, the value would equal to

= ( $1,021,600 - $265,100) ÷ (199,600 shares)

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3 years ago

A company had sales revenue of $900,000 for the year. In addition, the following information is available related to the cost of

Y_Kistochka [10]

I uploaded the answer

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2 years ago

A five-year project is expected to generate revenues of $120,000, variable costs of $72,000, and fixed costs of $20,000. The ann

Komok [63]

Answer: $21,880

Explanation:

First find the after tax operating income:

= (Revenues - variable costs - fixed costs - depreciation ) * ( 1 - tax rate)

= (120,000 - 72,000 - 20,000 - 10,00) * ( 1 - 34%)

= $11,880

Then add back depreciation because it is a non-cash expense:

Operating cashflow = 11,880 + 10,000

= $21,880

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3 years ago