Answer:
The new EPS is $ 3.16
Explanation:
In order to compute the earnings per share after the share repurchase the shares repurchased must deducted from the weighted average number of share of 320,000 before repurchase so as to arrive at the number of shares eligible for the earnings after such repurchase.
The number of shares repurchased=$634,000/$62.97
= 10,068.29
The average weighted number of shares after repurchase is 309,931.71 (320,000-10,068.29)
EPS after repurchase=$980,000/309,931.71
=$3.16 per share
Answer:
Demand decreases
Explanation:
Substitute goods are products that can be used in place of each other. Goods are described as substitutes if a customer can use them interchangeably and get equal or almost the same satisfaction. Tea and coffee will be substitutes if a customer can consume either of them and be happy.
If the price of a substitute good declines, customers will prefer consuming it instead of the other product. The other product's demand will decrease due to a change in customer preferences as a result of a lower price.
Public action committees (PAC) is an example of a specific interest group that was established primarily to influence election.
<h3>What is an
interest group?</h3>
An interest group can be defined as a group that comprises individuals who are only concerned about influencing policies of the government based on their interests, cause, common aims, goals, or people they represent.
In the United States of America, some examples of interest groups include the following:
- Environmental interest groups
Read more on interest groups here: brainly.com/question/15936960
The answer would be letter C. This theory tells us that exchange or conversation rates between currencies are in symmetry when their purchasing power is the similar in each of the two republics. In other words, the outlay on a like commodity must be same in both currencies when accounted for exchange rate.
Answer:
The answer is A.
Explanation:
Accounts Receivable turnover is calculated as:
Total amount of credit sales ÷ Average balance of accounts receivable.
Accounts receivable turnover is used to evaluate the effectiveness and efficiency of a business or firm in collecting its accounts receivable or the money being owed.
A high turnover ratio shows that the company has good customers that are not defaulting or has a strict accounts receivable policy while a low turnover ratio shows that its debtors are not paying as expected.
