Answer:
EPS = $1.9825
Explanation:
EPS (earnings per share) = Net Income / shares of common stock outstanding
Income before taxes = $592,000 - $284,000 - $36,000 - $28,000 = $244,000
Tax = $244,000 x 35% = $85,400
Net Income = $244,000 - $85,400 = $158,600
EPS = $158,600 / 80,000 = $1.9825
Hope this helps!
<span>Which factor or factors have been predominant in shaping U.S. health care? What have been their effects?</span>
Answer:
The correct answer is balanced scorecard.
Explanation:
The concept of balanced scorecard came from the idea of looking at the strategic measures in addition to financial performance of an organization in order to have an holistic view of the organization's performance. It is also a strategic tool used in setting key performance indicators (KPIs) for organizations.
The balanced scorecard is used to:
- set an organization goals, strategic intent and objectives
- tailor the daily work performance towards strategic targets of the organization
- design and delivery of projects, goods and services
- then, set performance measurement
It can be deduced that the number of blankets that must be sold in order for the company to achieve the target profit is 40000.
<h3>How to calculate the target profit</h3>
From the information, Blissful Blankets' target profit is $520,000 and each blanket has a contribution margin of $21. Fixed costs are $320,000.
Therefore, the number of blankets that must be sold to achieve the target profit will be:
= (520000+320000)/21
= 40000
Learn more about profit on:
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Answer:
The correct answer is option c.
Explanation:
The nominal interest rate was 5 percent.
The CPI was 150.3 at the end of the year, and the CPI was 144.2 at the beginning of the year.
The 5% nominal interest rate means that the dollar value of savings increased at 5%.
Inflation rate
= 
= 0.0423 or 4.2%
The real interest rate
= Nominal interest rate - rate of inflation
= 5 - 4.2
= 0.8%
The real interest rate of 0.8% indicates that the purchasing power of savings increased at 0.8%.