Pharrell, Inc., has sales of $602,000, costs of $256,000, depreciation expense of $62,500, interest expense of $29,500, and a ta
hjlf
Answer:
The earnings per share figure is $1.89
Explanation:
Sales of $602,000
Costs of $256,000
Depreciation expense of $62,500
Interest expense of $29,500
Tax rate of 40 percent.
-> Profit Before Tax = Sales - Cost - Depreciation Expense - Interest expense
= $602,000 - $256,000 - $62,500 - $29,500
= $254,000
Net profit = Profit before Tax x (1 - Tax rate) = $254,000 * (1 - 40%) = $152,400
Earnings per share = (net profit - dividend paid for preferred stock)/ common stock outstanding = ($152,400-$44,500)/ 57,000
= $1.89
Better Houses, Inc. has been contracted to build an addition on the Joyners' house. It built half of the addition and then unexpectedly announced that it was not going to finish the job. Such a desertion of work is called "Abandonment of contractual obligations".
<h3>What is contractual obligations?</h3>
Contractual obligations are responsibilities that each party is bound by law to fulfill under the terms of the agreement.
Each contract involves one or both parties exchanging anything of value in connection with a variety of duties, such as goods, services, money, etc.
Elements of a Contract are-
- Offer: An offer was made when one of the parties pledged to carry out or refrain from carrying out a specific action in the future.
- Promise of consideration: A promise of something of value in return for the intended conduct or inaction. This can be demonstrated by a substantial outlay of resources, a promise to provide a service, a commitment not to do something, or reliance on the promise. The incentive for the parties to enter into the agreement is known as consideration.
- Acceptance: The offer was unmistakably accepted. Acceptance can be demonstrated through words, actions, or by carrying out the contract's requirements. In general, the terms of the acceptance must match those of the offer. If not, the acceptance is interpreted as a counteroffer and rejection.
To know more about the contractual obligations, here
brainly.com/question/22433474
#SPJ4
Two aspects that would be the most important in preparing a flyer are :
- The Color
Flyers are created to attract people awareness, which means that their color must attract a lot of attentions.
- The Layout Style
Maximize the usage of Flyer layout without making it look to crowded in order to give the most efficient amount of informations
Answer:
1) shares held by the issuer that is shares of Firm A held by Firm A
2) the amount of shares issued by the firm
3) the amount of shares which are circulating in the market (issued less treasury stock)
4) is the amount the governement angency in charge of regulations approved the firm to issue It cannot surpass this ammount without their permission being granted
5) shares at which a down payment has been made but, not paid in full by the potential stockholders
Explanation:
DISCLAMER:
As the options aren't given I define each concept
