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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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Answer: Innovators

Explanation:  

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The innovators is known as the risk taking users in the market as they first experience the product by buying it and the give any review.

 Therefore, Innovators is the correct answer.  

5 0
4 years ago
According to hitler, to whom must propaganda be directed?
zimovet [89]
The less educated masses
4 0
4 years ago
A customer relationship management (CRM) system contains the names and phone numbers of customers. Such things stored in a CRM s
Lunna [17]

Answer:

Data

Explanation:

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I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
When merchandise is sold and the perpetual system of inventory is used, the journal entry for a sale would include:_____.a. debi
ki77a [65]

Answer:

b. debiting Accounts Receivable and crediting Sales.

Explanation:

When merchandise is sold and the perpetual system of inventory is used, the journal entry for a sale would include debiting Accounts Receivable and crediting Sales.

A perpetual system of inventory can be defined as a method of financial accounting, which involves the updating informations about an inventory on a continuous basis (in real-time) as the sales or purchases are being made by the customers, through the use of enterprise management software applications and a digitized point-of-sale equipment.

Under a perpetual system of inventory, updates of the journal entry for cost of goods sold or received would include debiting accounts receivable and crediting sales immediately as it is being made or happening. The advantage of the perpetual system of inventory over the periodic system of inventory is that, it ensures the inventory account balance is always accurate provided there are no spoilage, theft etc.

In Accounting, to record a journal entry for a sale on account, the account receivable would be debited because it is an asset and shall be increased with debits while crediting the sales account for the amount being paid by the customer.

6 0
3 years ago
Solt Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the pa
BlackZzzverrR [31]

Answer:

The unadjusted Cost of Goods Sold for the year was: $403,000

Explanation:

<u>Calculation of Cost of Goods Sold</u>

Opening Finished Goods Inventory                    $38,000

Add Cost of Goods Manufactured for the year $415,000

Less Ending Finished Goods Inventory             ($50,000)

Cost of Goods Sold                                            $403,000

4 0
3 years ago
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