Answer:
This is a stock split.
Explanation:
This statement describes a stock split. It occurs when a company's board of directors decide to increase the number of company shares but still maintain the same total value of equity. An example would be a 2-1 stock split which means that every investor holding one share of the company would now hold 2 shares . One reason why a stock split occurs is when the stock price is perceived to be too expensive hence necessary to lower the price so other investors can buy it.
Answer:
Numeric keypad on the right side of the keyboard
Explanation:
When entering many numbers at a time, using the keyboard that is just for numbers on the right side of the full keyboard is a much quicker way to complete the task. When you are able to use one hand to type them all without accidently hitting a letter key, you can be more efficient and accurate.
Answer:
The correct answer is option B.
Explanation:
The Cost of Property is given at $ 216,000
.
The MACRS rates are 0.2, 0.32 and 0.192 for years 1 to 3 respectively.
Depreciation for the year 1 will be
= $216,000*0.2
= $43,200
Depreciation for the year 2 will be
=$216,000*0.32
=$69,120
Total Depreciation for the year 1 and 2 will be
=$43,200+$69,120
=$112,320
The book value of this equipment at the end of year 2
=$216,000-$112,320
=$103,680
On checking the above value with Answer B that is
=$216,000*(1-0.2-0.32)
=$216,000*0.48
=$103,680
Answer:
B) $7.36
Explanation:
The preferred stocks' dividends = 8,000 x $20 x 10% = $16,000
To calculate earnings per share (EPS), we subtract the preferred stocks dividends from the net income = $200,000 - $16,000 = $184,000
Now we divide by the total number of common stocks = $184,000 / 25,000 shares = $7.36
*Convertible bonds are not included in this calculation, they should be included only after they are converted into stock.
