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3 years ago

When a corporation has both preferred and common stock outstanding, earnings per share is computed by dividing net income

Business

1 answer:

vodka [1.7K]3 years ago

5 0

Answer:

D) less preferred dividends by weighted average of common shares outstanding.

Explanation:

When you want to calculate earnings per stock, you will do it for common stocks, not preferred stock. Therefore the dividends paid (or payable) to preferred stockholders must be deducted from net income, and then you divide net income by common stocks outstanding to get earnings per stock.

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39. You expect to receive $5,000 in 25 years. How much is it worth today if the discount rate is 5.5%?

ivann1987 [24]

Answer:

PV= $1,311.17

Explanation:

Giving the following information:

Future Value (FV)= $5,000

Number of periods (n)= 25 years

Interest rate (i)= 5.5% compounded annually

To calculate the present value (PV), we need to use the following formula:

PV= FV / (1+i)^n

PV= 5,000 / 1.055^25

PV= $1,311.17

6 0

3 years ago

Infinity Corporation purchased equipment with a 10-year useful life and zero residual value for $10,000. At the end of the fifth

sesenic [268]

Answer:

a capital gain of $1,000.

Explanation:

Given,

The cost price of Equipment = $10,000

Useful life of the equipment = 10 years

Residual value = $0

Depreciation (Straight-line method) = Cost price/useful life

Depreciation (Straight-line method) = $10,000/10 = $1,000

Since, it is a straight line method, the depreciation will remain same each year. Therefore, at the end of the fifth year, the depreciation of equipment = $1,000 x 5 = $5,000

At the end of the fifth year,

The book value of the equipment= Equipment - Accumulate depreciation= $(10,000 - 5,000) = $5,000

If the company sales the equipment after the end of the fifth year,

there will be a capital gain.

Capital Gain of equipment = Sales price of equipment - book value of equipment

Capital Gain of equipment = $6,000 - 5,000 = $1,000. The journal entry will be -

Cash/Bank Debit $6,000

Accumulated Depreciation Debit $5,000

Gain on sale of equipment Credit $1,000

Equipment Credit $10,000

5 0

4 years ago

What mode of the Resultant Set of Policy (RSoP) snap-in produces a database of policy results that you browse in a similar manne

Olegator [25]

Answer:

Logging Mode

Explanation:

The Resultant Set of Policy (RSoP) is a tool that provides administrators a detailed document outlining what group policies are being applied to which users and computers. This tool has two modes, Logging Mode and Planning Mode. The mode being described in the question is the Logging Mode, which is a mode used to generate a report of the policy settings and is browsed in a similar manner to using the Group Policy Management Editor

6 0

3 years ago

Based on the influence chart below, the decision variable(s) for this model a. Price and elasticity b. Price and fixed cost c. P

Troyanec [42]

Price is the decision variable in the given model.

Answer: Option C.

Explanation:

For a model which is related to the field of commerce and affects a particular organisation or a firm, for that price is the most important factors. Because fixing the price at a particular level will help the firm earn profits and maintain position in the market.

Price is the cost of the product which is available to the customers in the market. The consumers have to pay that price to get a particular quantity of that particular product.

7 0

3 years ago

which theory views the global economic system as divided between nations that control wealth and those that provide natural reso

Dafna1 [17]

Answer:

The correct answer is the world systems theory.

Explanation:

The world-systems theory is a socioeconomic theory. It was developed by sociologist Immanuel Wallerstein. According to this theory, the countries of the world can be classified into three types.

1. Core countries

2. Semi periphery countries and,

3. Periphery countries

There are countries which are powerful and control wealth and capital who exploit other less powerful and poor countries which have natural resources and labor.

4 0

4 years ago