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
Colt1911 [192]
3 years ago
12

​Josiah, Inc. provides the following information for​ 2017:Net income​$350,000Market price per share of common stock​$50 per sha

reDividends paid​$180,000Common stock outstanding at Jan.​ 1, 2017​160,000 sharesCommon stock outstanding at Dec.​ 31, 2017​250,000 sharesThe company has no preferred stock outstanding. Calculate the earnings per share for 2017.​ (Round your answer to two decimal​ places.)
Business
1 answer:
AURORKA [14]3 years ago
7 0

Answer:

Earnings per share for 2017 = $1.707

Explanation:

Earnings per share relates to the specific period, that how much on each individual share the earnings has been during the period.

Therefore, if there is change in number of equity shares average is taken, for that.

Equity on 1 Jan 2017 = 160,000 shares

Equity on 31 December 2017 = 250,000 shares

Average = \frac{160,000 + 250,000}{2} = 205,000

Earnings per share for 2017 = \frac{Net\ Income}{Average\ number\ of\ shares}

= \frac{350,000}{205,000} = 1.707

Earnings per share = $1.71 (Rounded off)

You might be interested in
A flow chart as part of a six-sigma quality improvement process might be found in which DMAIC category? A. DefineB. MeasureC. An
tiny-mole [99]

Answer:

The correct answer is a) Define

Explanation:

In the define step, the information about business problem, goals, project scope, potential resources, objectives, and potential teams are placed in a project charter document.

5 0
3 years ago
Select the instances in which you should include a comma
Shkiper50 [21]

A E F are the answrs i have.

3 0
3 years ago
Read 2 more answers
What is a target market?
Nonamiya [84]
The sales goals. That's it
5 0
3 years ago
Read 2 more answers
The role of management in the success of a business?
Kaylis [27]

Effective management theories can be the basis of a success in a business. ... It is thus the duty of managers to plan, organize, lead and control the various functional areas with the aim of ensuring that the entire organization moves towards the same organization

Mark me as brainliest

3 0
3 years ago
Explain the hipp of the primary sources below source: letter written by john rolfe
jekas [21]

The correct answer to this open question is the following.

Explain the HIPP of the primary sources below source: "letter written by John Rolfe."

"H" stands for Historical context. John Rolf was an important component in the foundation and success of the Jamestown, Virginia colony, in the North American territory. In the letter, he explains the Governor of the colony, Thomas Dale, his reasons to marry Pocahontas, a Native American Indian woman.

"I" stands for the Intended audience. The Governor of Jamestown, Virginia colony, Thomas Dale. The intention of John Rolfe was to clearly explain his motives, trying to maintain his intact reputation before the people of Jamestown.

"P" stands for Purpose. Rolfe wanted the approval of the Governor, knowing that in those years, Native American Indians were considered savages that first needed to be converted to the Christian religion to be accepted in the colonial society.

"P" stands for Point of view. In this part, we have to understand the point the author is trying to convey. In this case, John Rolfe, an English man, and an important figure that brought the toc¿bacco seed from the Caribbean Islands to grow tobacco crops in Jamestown and made tobacco the king of crops in Virginia wanted to justify his actions but not wanted to compromise his position before the Jamestown society.

6 0
3 years ago
Other questions:
  • Which act granted married women equal rights in insurance, banking, real estate, contracts, divorce, child custody, and property
    11·2 answers
  • During October, Carla Vista Company experiences the following transactions in establishing a petty cash fund.
    9·1 answer
  • Suppose you are a salesperson for an office supply company. one of your customers left you a message indicating that they were u
    8·1 answer
  • In two to three sentences, describe how making minimum payments on credit card balances increases the total cost.
    9·1 answer
  • Which of the following promotion tools involves building up a good corporate image and handling unfavorable stories and events?
    8·1 answer
  • Xin Co., had 3,000 units of work in process on April 1 that were 60% complete. During April, 10,000 units were completed and as
    9·1 answer
  • The Grow Your Garden seed company recently conducted a situation analysis. It decided on its marketing goals too. What is its ne
    8·1 answer
  • True or False: Increasing the number of stocks in a portfolio reduces market risk.Consider two stock portfolios. Portfolio B con
    9·1 answer
  • Can anyone help with solving a Budgeted Balance Sheet? or unlcok a chegg so I can see what they did please and thank you.
    13·1 answer
  • Kari is on a trip to italy. she has made a list of cities she would like to tour while she is there, as well as how much she exp
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!