You need to add more information for the contractor
Answer:
$423,500
Explanation:
The computation of earnings after taxes is shown below:-
Interest cost = Long term rate × (Current assets + Fixed assets) + Short term rate × Temporary current assets
= 6% × ($1,525,000 + $1,725,000) + 14% × $1,500,000
= $405,000
So,
Earnings after taxes = (Earnings before interest and taxes - Interest cost) × (1 - Tax rate)
= ($1,010,000 - $405,000) × (1 - 30%)
= $423,500
Hence, for determining the earnings after tax we simply applied the above formula.
Answer:
Wildhorse’s 2020 earnings per share is $3.79
Explanation:
The computation of the earning per share is shown below:
Earning per share = (Net income - preference dividend) ÷ (Average weighted of common outstanding shares)
where,
Net income and the preference dividend is $1,021,600 and $265,100
And, the number of shares are 199,600 shares
Now put these values to the above formula
So, the value would equal to
= ( $1,021,600 - $265,100) ÷ (199,600 shares)
= $3.79 per share
The percentage increase in the total sales for 2006 is 15% while the increase in sales of the trench coats is 23.3%; therefore the percentage increase in total sales of trench coats is 8.3% faster.
Computation:
1. The total amount of sales for 2006 and 2007:
2. Now, the percentage increase will be determined for the total number of coats and trench coats:
For the total number of coats, the values used will be the total sales of 2006, and total sales of 2007.
For the trench coats the values used will be the sale of trench coats in 2006 and 2007.
3. Now, the net percentage increase in sales due to the trench coats is computed as follows:
Therefore, the correct option is option B. Sales of trench coats increased 8. 3 percentage points faster than total coat sales.
To know more about percentages of increase in sales, refer to the link:
brainly.com/question/45525