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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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________ research provides insight into the underlying reasons for how and why consumers think, feel, and behave as they do, usi
Vikki [24]

Answer:

<u>Qualitative.</u>

Explanation:

Qualitative research is characterized by the search for investigation of the subjective aspects of a problem. It refers to the analysis of data that cannot be measured using statistical resources, behaviors, perceptions and feelings are observed.

To achieve the expected result, reports are needed to identify the interviewees' opinions for the research, and from this data a hypothesis is formulated. Qualitative research has an exploratory character that helps in better understanding of information, values ​​the emotional, social and intellectual aspect of the target audience, being a type of research widely used in scientific and academic work.

4 0
3 years ago
​O'Mally Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the
Tatiana [17]

Answer:

3.63yrs

Explanation:

CExplanation: C) Investment / Annual cash flows$2,900,000 / 800,000 = 3.63 yrs

4 0
3 years ago
Which of the following is most likely to be considered revenue, according to the Financial Accounting Standards Board’s definiti
sesenic [268]

Answer:

A web streaming company fulfills a 12-month service term paid by customers in advance.

Explanation:

Revenue is recognized from services rendered or goods delivered. It is recognized only when the risk and reward is transferred, further it relates to the normal business of company.

As in the first sentence the company makes scientific devices and it sales an agricultural land, that is sale of fixed asset.

In second case the pharmaceutical company receives donation which is anonymous.

All the things are not revenue for company.

It is only the web streaming company which shall recognize revenue as the services are rendered and revenue shall be recognized related to normal business of company.

8 0
3 years ago
Your friend is looking for investors in a risky business venture. To convince you to participate, she is offering you a 17% rate
telo118 [61]

Answer:

B - $13,556.82

Explanation:

Amount to be invested is equal to the present value of future inflows

Present value = future value/(1+Interest rate)^Number of years

The actual amount at the end of the first year should be $3000 if there is an answer in the options

The amount at the end of the second year is $4000

The amount at the end of the third, fourth and fifth year is $5000

Hence, amount to be invested = 3000/(1.17) + 4000/(1.17)^2 + 5000/(1.17)^3 + 5000/(1.17)^4 + 5000/(1.17)^5

= $13,556.82

Hence, the answer is $13,556.82

4 0
3 years ago
Read 2 more answers
Moe ’s Electric sales vacuum cleaners with a one-year warranty to fix any defects. For the current year, 200 vacuums have been s
vekshin1

Answer:

$900

Explanation:

Given that

Total repair up to end of year = 12

Estimated need to be repaid = 8

Average cost = $45

The computation of warranty expense for the current year is shown below:-

For computing the warranty expense for the current year first we need to find out the total repaired cost which is here below

Total repaired cost = Total repair up to end of year + Estimated need to be repaid

= 12 + 8

= 20

Warranty expense for the current year = Average cost × Total

= $45 × 20

= $900

Therefore for computing the warranty expense for the current year we simply applied the above formula.

5 0
3 years ago
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