The answer to this question is the "triple bottom line". <span>The approach known as the TRIPLE BOTTOM LINE assesses organizational performance according to three factors: economic, social and environmental performance. This can be also noted as TBL or 3BL and it has three main parts which are social, financial and ecological. Many organizations or companies use this to evaluate this performance.</span>
Pharrell, Inc., has sales of $602,000, costs of $256,000, depreciation expense of $62,500, interest expense of $29,500, and a ta
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Answer:
The earnings per share figure is $1.89
Explanation:
Sales of $602,000
Costs of $256,000
Depreciation expense of $62,500
Interest expense of $29,500
Tax rate of 40 percent.
-> Profit Before Tax = Sales - Cost - Depreciation Expense - Interest expense
= $602,000 - $256,000 - $62,500 - $29,500
= $254,000
Net profit = Profit before Tax x (1 - Tax rate) = $254,000 * (1 - 40%) = $152,400
Earnings per share = (net profit - dividend paid for preferred stock)/ common stock outstanding = ($152,400-$44,500)/ 57,000
= $1.89
Answer:
Kerry buys a new sweater to wear this winter.
Jasmine buys a new car.
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
The purchase of the sweater and the purchase of the new car constitutes consumption spending and it would be added as part of GDP.
The cash gift and Social Security check are transfer payment s and would not be included as part of GDP
Answer:
i) Investor should buy a call option as expected spot price on SGD after 90 days is 0.7 which less than the strike price 0.65 under call option.
II) Break-even price on option selected
Strike price under call option 0.65000
Add : Premium <u>0.00046</u>
Break even price <u> 0.65046</u>
iii) Actual spot rate after 90 days 0.70000
Less: Strike price under call option <u>0.65000</u>
Gross profit 0.05000
Less: Call option premium <u>0.00046
</u>
Net profit <u>0.04954</u>
iv) Actual spot rate after 90 days 0.80000
Less: Strike price under call option <u>0.65000</u>
Gross profit 0.15000
Less: Call option premium <u>0.00046</u>
Net Profit <u>0.14954</u>
