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sweet-ann [11.9K]
3 years ago
13

Makers Corp. had additions to retained earnings for the year just ended of $415,000. The firm paid out $220,000 in cash dividend

s, and it has ending total equity of $5.6 million. The company currently has 170,000 shares of common stock outstanding. a. What are earnings per share?
Business
1 answer:
lara31 [8.8K]3 years ago
8 0

Answer:

Earning per share is 2.44 dollars.

Explanation:

The earning per share is a financial ratio determine by dividing total profit after tax made by a company in a period with total number of outstanding shares.

The earning per share is calculated below

EPS = $ 415,000/  170,000 =  2.44 $

This ratio is widely used in stock market and valuation of business.

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A computer would enhance the productivity of a business because it would produce better communication and would also help things be accomplished faster. hope that helps if not lmk

7 0
3 years ago
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Dave owns 15 shares of ABC mining stock. on monday the value of each shares rose $2 but on tuesday the value fell $5. what is th
IgorC [24]
First, the value of each share rose by 2. So we have +2.

Then it fell by 5. So we have
2 - 5 = -3

Each share has a net value of negative 3.
Dave owns 15 shares. So,
15 * (-3) = -45.
So, there is a net loss of $45.
8 0
2 years ago
During 2018, Skechers USA had Sales of $1,846.4, Gross profit of $818.8 million and Selling, General and Administration expenses
sveta [45]

Answer:

The answer is $1,027.6 million

Explanation:

Gross profit = Sales - Cost of Sales(cost of goods sold)

Gross profit = $818.8 million

Sales of $1,846.4 million.

To find Cost of Sales, we rearrange the formula to now be:

Sales - Gross profit

$1,846.4 million - $818.8 million

=$1,027.6 million

Therefore, Skechers' Cost of sales for 2018 is $1,027.6 million

4 0
3 years ago
During June, Buttrey Corporation incurred $72,000 of direct labor costs and $12,000 of indirect labor costs. The journal entry t
romanna [79]

The correct question is:

During June, Buttrey Corporation incurred $67,000 of direct labor costs and $7,000 of indirect labor costs. The journal entry to record the accrual of these wages would include a:

A)debit to Work in Process of $67,000B)credit to Work in Process of $74,000C)debit to Work in Process of $74,000D)credit to Work in Process of $67,

Answer:

a. debit to Work in Process of $67,000

Explanation:

Labour costs are made up of direct labour cost and indirect labour costs.

An addition of these two items results in amount of money the company will pay as wages to worked (labour).

In the given scenario we will then add direct and indirect labour cost to get wages to be paid.

Wage = 72,000 + 12,000 = $84,000

Wages is credited when raising journal entry

Direct labour will be classified under work in process (that is $72,000)

While indirect labour is manufacturing overhead $12,000)

Work in process and manufacturing overhead are debited when raising journal entry

So one of the entries will be a debit to Work in Process of $67,000

7 0
2 years ago
One key planning factor for pandemic influenzas will be:
Nesterboy [21]

Answer:

Option B is correct one.

Explanation:

One key planning factor for pandemic influenzas will be <u>Protecting public health employees is important.</u>

This is due to the fact that the public health workers are the front-line soldiers in a pandemic situation so they must be protected in order to eradicate the pandemic from the society.

8 0
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