Answer:
Consider the following calculation
Explanation:
1. Determine the 2018 EPS.
EPS = Net Income / Weighted Average number of shares
Numerator
Net Income = $15,90
Denominator
Weighted Average number of shares = 2,20 – (24x10/12) + (24x2/12) + (96x1/12)
= 2,52 Shares
EPS 2018 = $15,90 / 2,52 Shares
= $6.31 per share
2. Determine the 2019 EPS.
Numerator
Net Income = $15,90
Denominator
Weighted Average number of shares
=[ 2,20 – 24 + 24 + 96 ] x 2 Stock Split
= 6,32 Shares
EPS 2019 = $15,90 / 6,32 Shares
= $2.52 per share
3. At what amount will the 2018 EPS be presented in the 2019 comparative financial statements?
Numerator
Net Income = $15,90
Denominator
Weighted Average number of shares
= 2,520 x 2 Stock split
= 5,04 Shares
EPS = $15,90 / 5,04
= $3.15 per share
Question: Que elementos pueden faltar a la nacion Answer: "That elements may be missing to the nation." I do not quite understand... Can you rephrase your " Question", so I could understand? Ex: Such as: What elements just be missing to the nation.
Answer:
The correct answer is letter "D": supply and demand determine prices and prices, in turn, allocate the economy's scarce resources.
Explanation:
In a Market Economy, economic decisions and prices are determined by market forces rather than by central planning. Market forces refer to the collective effects of all the decisions made by individuals participants in the economy such as consumers and businesses according to their free will.
In other words, supply and demand are the regulators of a Market Economy determining prices also allocating scarce resources.
Answer:
2) Debit to Cash (for dividends received from the investee), and a Credit to Dividend Revenue.
Explanation:
Whenever the investment is made in shares of a company where the investor can exercise significant influence, then equity method is used.
Under equity method, it is that all incomes of investee company are incomes of investor company.
And any amount of income received as a distribution is deducted from the carrying value of investment, as reduces the cost of investment.
Thus, any dividend received is debited and investment account is credited.
Dividend is never treated as dividend revenue.
Thus, option 2 is not correct.