Answer:
$4.33 per share
Explanation:
Given that,
Net income = $1,171,600
Preferred stock dividends paid = $265,400
weighted average of common shares outstanding = 209,100
Therefore,
Earnings per share:
= (Net income - Preferred stock dividends paid) ÷ weighted average of common shares o/s
= ($1,171,600 - $265,400) ÷ 209,100
= $906,200 ÷ 209,100
= $4.33 per share
Hence, the Kingbird 2020 earnings per share is $4.33.
Answer:
C) 4.50 percent
Explanation:
It is given that :
Interest a corporate bond pays = 6.25 percent
The marginal percent tax bracket is given as : 28 %
We have to find the amount that the municipality bond shall pay to be the equivalent to the amount after the tax basis :
We known that the municipal bond is tax exempted after the corporate tax bond should be equal to the municipal bond to be indifferent.
Thus, rate of return = rate of return after tax = rate x (1 - tax rate)
= 6.25 % x (1 - 0.28)
= 4.50 %
Therefore the answer is = 4.50 %
The demand curve for bonds shifts to the left and the interest rate rises.
<h3>Influence of the demand curve</h3>
When bonds are not frequently traded, and the market becomes less liquid, the demand for the bonds falls.
As a result, with a fall in demand, the curve will move towards the left. To overcome the less liquid position, bond suppliers will raise the interest rate to attract investors and capital in the market
To overcome the less liquid position, bond suppliers will raise the interest rate to attract investors and capital in the market
Therefore, the correct answers are left and rise.
Learn more about demand curve from here: brainly.com/question/1486483
Answer:
b. Buy £1,000,000 forward for $1.50/£.
Explanation:
Let's say for instance, we agree to make purchase of €1,000,000 and then forward for $1.50/€ and we assume that the price turns out to become $1.62/€ in three months time, the expected profit will be $12,000 = €1,000,000 ($1.62 - $1.50)As we can see, answer d looks convincing from an accounting standpoint, but it is wrong because the question asks us to make money with a forward contract, not by holding a particular spot. The correct option should be option b.
Answer:
a. True
Explanation:
Since small business has lesser processes and paper work as compare to the larger organizations where formal procedures are in placed
