1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Stolb23 [73]
3 years ago
5

Farah Snack Co has earnings after taxes of $128, 750. Interest expense for the year was $20,000: preferred dividends paid were $

18, 750: and common paid were $30,000. Taxes were $15,000. The firm has 100,000 shares of common stock outstanding Earnings per share on the common stock was
A. $0.90
B. $1.10
C. $0.75
D. $0.80
Business
1 answer:
Leto [7]3 years ago
8 0

Answer:

A. $0.90

Explanation:

Earning per share = (Net Income - dividends on preferred stocks)/average outstanding common shares

Particulars                                                               Amount

Earning After Tax                                                       128750

Taxes                                                                       15000

Earning before Tax & Interest Expense               143750

Interest Expense                                                      (20000)

Earning after Interest, but before Tax                       123750

Taxes                                                                       (15000)

Earning after Taxes                                               108750

Preferred Dividends                                               (18750)

Earning available for common stock holders       90000

common stock outstanding                                      100000

Earning per share                                                         0.9

Therefore, The outstanding Earnings per share on the common stock was $0.90

You might be interested in
"Using the given information, determine the cost of one no rechargeable alkaline battery; and compare with the cost of one recha
sergij07 [2.7K]

Answer:

Over the life of the battery, the battery that is most cost-effective is:

The AA alkaline non rechargeable battery.

Explanation:

a) Data and Calculations:

Number of times that NiCad batteries can be recharged (reused) = 100 times

Cost of a 4 pack of AA NiCad rechargeable batteries = $10.80

Recharging cost = $1 ($0.01 * 100)

Total cost of AA NiCad rechargeable batteries = $11.80

Cost per use = $0.12 ($11.80/100)

Cost of a 4 pack of AA alkaline non rechargeable batteries = $3.69

Cost per use of AA alkaline non rechargeable batteries = $0.04 ($3.69/100)

b) The comparison and the resulting conclusions are based on the assumption that the non rechargeable and the rechargeable batteries enjoy equal useful life.  Therefore, the AA alkaline non rechargeable batteries are also used 100 times.

7 0
3 years ago
____________ helps to preserve the relationship between workers and management because it helps them listen to the other side.
Ne4ueva [31]

Answer:

The correct answer is letter "C": Mediations.

Explanation:

Mediations are alternative methods to solve conflicts that have the inherent goal of reaching an integral solution of the conflict for the parties involved avoiding to take the problem to court. During the mediation, the parties involved express their demands and a mediator comes to the best conclusion that benefits the parties as equal as possible.

6 0
3 years ago
The duties of the ______ involve reviewing the organization's financial objectives and major strategies, providing advice to top
Svet_ta [14]

It should be noted that  duties of the board of directors involve reviewing the organization's financial objectives and major strategies in organization.

<h3>Who were board of directors?</h3>

board of directors  can be regarded as the elected group of individuals that represent shareholders.

They provide advice to top management, and reviewing systems to ensure compliance with laws and are governing body .

Learn more about board of directors at;

brainly.com/question/4771644

5 0
2 years ago
The types of long term insurance offered by this company
bonufazy [111]
Which company are you refereeing to,?
8 0
3 years ago
Consider an investor facing a 38% marginal tax rate who purchases a tax-exempt issue with a yield of 4.25%. What is equivalent t
myrzilka [38]

Answer:

Option D

Explanation:

We can calculate the  equivalent taxable yield of investor facing a 38% marginal tax rate investment as follows

DATA

Tax rate = 38%

After tax yield = 4.25%

Solution

Let's suppose the equivalent taxable yield is x then

x(1-0.38)=4.25

x(0.62)= 4.25

x = 6.85%

Option D would be the correct answer

8 0
3 years ago
Other questions:
  • Describe how you would use any five entrepreneurial qualities to make sure that your business is a success
    10·1 answer
  • Which of the following is NOT a special power if the senate?
    7·1 answer
  • If a document reaches you, and requires you to perform some action, you should do it immediately if ________. a. It is from your
    6·2 answers
  • When michelle meets with the section managers to brief them on the concerns of the city officials, which management role is she
    6·1 answer
  • Suppose that there are only two small countries in the​ world: ascot, with a population of 37 comma 500 ​people, and​ delwich, w
    5·1 answer
  • How does a software developer differ from a computer programmer?
    8·1 answer
  • A school's band members raised money by selling magazine subscriptions and shirts. Their profit from selling shirts was $\$5$ pe
    9·1 answer
  • When making a major purchase first determine your
    15·1 answer
  • HealthStore Inc. provides a broad and diverse range of services for the healthcare industry. It also manufactures a variety of h
    9·2 answers
  • The primary policy tool used by the fed to meet its monetary policy goals is.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!