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lara [203]
3 years ago
15

Allen Lumber Company had earnings after taxes of $630,000 in the year 2009 with 370,000 shares outstanding on December 31, 2009.

On January 1, 2010, the firm issued 39,000 new shares. Because of the proceeds from these new shares and other operating improvements, 2010 earnings after taxes were 30 percent higher than in 2009. Earnings per share for the year 2010 were (R
Business
1 answer:
Firdavs [7]3 years ago
3 0

Answer:

$2.00

Explanation:

Since there was an increase of 30% from 2009, Allen Lumber Company's earnings after taxes for 2010 were:

E= 1.30*\$630,000\\E=\$819,000

The total number of shares in 2010 was:

n=370,000+39,000\\n=409,000

Earnings per share for 2010 are determined by dividing total earnings by the number of shares:

E_S=\frac{\$819,000}{409,000}\\E_S=\$2.00

Earnings per share for the year 2010 were $2.00.

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What are the benefits of preparing a business plan?​
Damm [24]

Answer:

See the whole business. Business planning done right connects the dots in your business so you get a better picture of the whole

Strategic Focus

Set priorities

Manage change

Develop accountability

Manage cash

Strategic alignment

Milestones

Explanation:

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2 years ago
Which component of a service is the ability to perform the service dependably, accurately, and consistently?
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Good treatment for customer,well coming of the customer,to provide quality surviec
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3 years ago
Farmer Company purchased equipment on January 1, Year 1 for $82,000. The equipment is estimated to have a 5-year life and a salv
timurjin [86]

Answer:

15600 , 13600

Explanation:

Annual Depreciation =  [Cost of Asset - Salvage Value] / Expected use years

Year 1 Beginning : Cost = $82000 , Salvage Value = $4000, Years = 5

So, Annual Depreciation = [82000 - 4000] / 5

= 78000 / 5 = 15600

Year 4 Beginning : {3 Years gone, 2 years left}

Asset Value remaining = Cost - [(Annual Depreciation)(Years)]

= 82000 - [(15600)(3)]

= 82000 - 46800 = 35200

Dep. = [Cost - Scrap Value] / Years

= [35200 - 8000] / 2

= 27200/2  = 13600

7 0
3 years ago
This tax pays for benefits that workers and families receive for either Social Security or Medicare: A) Excise tax B) State inco
madam [21]
I thinks it's B, it's whichever comes out of your pay check
4 0
2 years ago
Amanda doesn't know what it means to implement a CSR<br> strategy. What do you tell her?
Anastasy [175]

<u>Explanation:</u>

All the business enterprise should involve in doing community service.  CatsCafé in Ontario can enjoy the benefits of CSR activities. Activities that are possible with the available resources at cafe can be used to perform CSR such as donating food to the underprivileged.

You can make CSR as an regular day to day activity at a cafe. When there is excess food cooked for any event or party orders need not be wasted instead can be donated for people in need.

Communication is a key to involve all the 16 employees of the cafe into CSR activities. Employee support through volunteering is important to perform CSR.

As it is a united mission this brings unity among the employees. When information spreads to outsiders they join hands for CSR and the brand image of Cafe will improve in local society.

Promote CSR activities with images and posters of employees volunteering in these activities will increase visibility of the Cafe.

6 0
3 years ago
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