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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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CrayFry offers a discount on an extended warranty on its CrayFrier when the warranty is purchased at the time the fryer is purch
Aleks [24]

Answer:

The answer is: C)$3,000

Explanation:

The standalone selling price is the price at which the company would sell warranty separately to its customer. In this case we need to find the stand alone price of the discount option.

We first find the difference between regular price and the discount option:

$25 - $20 = $5

Then we multiply by the possibility of the discount sale happening (60%) and the total number of goods sold with the discount option.

= $5 x 60% x 1,000 fryers

= $3,000

6 0
3 years ago
Same company as in RA 5.3: Stock price of $42, earnings of $2.12 per share during the last twelve months, forecasted earnings of
luda_lava [24]

Answer:

P/E ratio = $14.78

Explanation:

Market value per share = $42

earning per share = $ 2.84

As we know that:

           Price earning ratio = market value per share / earning per share

                                         =  $42 / 2.84

                                          = $14.78

      Price earning ratio is an indicator to investor whether to invest in this company long term or not.

6 0
3 years ago
A law enforcement agent is in charge of getting a writing sample from an uncooperative suspect. the agent puts the suspect in a
zmey [24]
According to my opinion, what the agent did wrong is that he asked him to write the answers of the questions two more times because when we write again and again the same thing our handwriting changes.And what the agent did right is that he influenced him to compose all that he says as he directs the data to the suspect because in this way they can see whether the handwriting matches it or not.
5 0
3 years ago
Cost Behavior Prepare income statement in two formats Farnsworth Drycleaners has capacity to clean up to 7,500 garments per mont
Lemur [1.5K]

Answer:

(1)

Fees revenues 42,600

Total expenses 1.92 x 4260  = 8179.2

<em>Net income 34,420.8</em>

<em>(2)</em>

Fees revenues 42,600

Variable cost  2,982

Contribution Margin 39,618

Fixed Cost 14,400

Net Income 25,218

Explanation:

(1)

We multiply by the garment cleaned

10 x 4,260 = 42,600

0.7 x 4,260 = 2982

and distribute the fixed cost among the normal capacity

14,400 / 7,500 = 1.92 fixed cost per garment cleaned

.7 + 1.92 = 2.62 cost per garment

(2)

We do not include the fixed cost in the unit cost, we subtact them completely as an expense.

8 0
3 years ago
The price elasticity of demand measures the​ ________ that results from a​ ________.
iogann1982 [59]
<span>The price elasticity of a demand measures the percentage change in the quantity demanded that results from a  percentage change in price.

hope it helps!!</span>
4 0
3 years ago
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