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3 years ago

Earnings per share (EPS)

Business

1 answer:

Marta_Voda [28]3 years ago

8 0

Answer:

The correct answer is letter "D": Is useful in comparing earnings performance for the same company over time.

Explanation:

Earnings Per Share or EPS is a measure of the income of one given company. EPS is determined by subtracting dividends from the company's profit and dividing the amount by the number of outstanding shares. Higher EPS are convenient for institutions since it implies the revenue is being higher which is likely to attract more investors.

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Explain how the government is both a consumer and a producer and give one example of th

natita [175]

The government is an consumer because they trade with other countries to get goods that their country need and they are also a producer because they produce strategies for their government to make our communities around the world more better and advanced.

3 0

4 years ago

Waterway Corporation purchased a truck at the beginning of 2020 for $59,500. The truck is estimated to have a salvage value of $

blondinia [14]

Answer:

In 2020: $ 8,211 and in 2021: $ $11,067

Explanation:

In the units-of-production method, the cost of depreciation is dependent of the asset usage. Depreciation is spread across the units produced.

for waterway corporation:

Cost price = $59,500

salvage value $2,380

useful life 190, 000 miles

Depreciable value: Cost price- salvage value

=59,500-2380

=57,120

Depreciation per unit= Depricable cost / by expected mileage

= $57,120/190,000

=$0.30 per unit

Depreciation in 2020: usages x depreciation rate

=27,370 x 0.30

=$8,211

Depreciation in 2021: 36,890 x0.30

=In the units-of-production method, the cost of depreciation is dependant of the asset usage. Depreciation is spread across the units produced.

for waterway corporation:

Cost price = $59,500

salvage value $2,380

useful life 190, 000 miles

Depreciable value: Cost price- salvage value

=59,500-2380

=57,120

Depreciation per unit= depricable cost / by expected mileage

= $57,120/190,000

=$0.30 per unit

Depreciation in 2020: usages x depreciation rate

=27,370 x 0.30

=$8,211

Depreciation in 2021: 36,890 x0.30

=$11,067

5 0

3 years ago

Does the free-market system bring efficiency as well as freedom? give at least one concrete example to support your position.

DochEvi [55]

Efficiency of handling the economic system is correct. The free market gave an organized structure of production. But freedom, in a free market is not. Historically, free market was not a result of freedom it started with slavery. Massive production needed expansion of foreign lands, so the people in that country was not free as well. They are under force labor. Free market was not free when some countries already gained ground before some had just started. There is no freedom in a monopoly set up, but you are given the chance and the risk in a free market.

5 0

4 years ago

Luke Anderson is earning $48,000 a year in a city located in the Midwest. He is interviewing for a position in a city with a cos

Kitty [74]

The minimum requirement of salary = $53760

<u>Explanation:</u>

Cost of living in city is 12 percent higher than where Luke Anderson lives. So, Luke Anderson will require 12 percent higher salary than existing salary in order to maintain the existing standard of living

<u>The calculations are as follows. </u>

Current salary of Luke Anderson = $48000

12 percent increase = 48000 multiply with 12 percent = 5760

Thus, the required minimum salary = 48000+ 5760 = 53760

So, Luke Anderson will require minimum salary of $53760

4 0

4 years ago

Ladders, Inc. has a net profit margin of 5.7 % on sales of $ 50.8 million. It has book value of equity of $ 38.4 million and to

LUCKY_DIMON [66]

Answer:

ROE 7.54%

ROA 4.32%

Explanation:

with the profit margin and sales we got the net income:

$\frac{income}{sales} =$Profit Margin$

sales x profit margin = net income

50,800,000 x 5.7% = 2,895,600‬

The Return on Equity (ROE) formula is:

$\frac{income}{equity} = ROE$

2,895,600 / 38,400,000 = 0,07540625 = 7.54%

The company yield 7.54% of his equity.

Then, Return on Assets (ROA)

$\frac{income}{assets} = ROE$

using the accounting equation we solve for assets:

assets = liab + equity

assets = 38.4 + 28.6 = 67

ROA = 2,895,600 / 67,000,000 = 0,0432179

ROA = 4.32%

6 0

3 years ago