Answer:
The earning per share is $1.3 per share
Explanation:
For computing the earning per share, we need to apply the formula of Earning per share which is shown below:
Earning per share = (Net income - Dividends paid to preferred shareholders) ÷ average common shares
= ($36,000 - $10,000) ÷ $20,000 shares
= $1.3 per share
The other items which are mentioned in the question are not relevant. Kindly ignored it.
Answer:
cash income paid to a day laborer that is not reported to the tax authorities
Explanation:
GDP stands for Gross domestic product. It is the monetary value of all finished goods and services made within a country during a specific period.
It is calculated as GDP = private consumption + gross investment + government investment + government spending + (exports – imports).
Hence, cash income paid to a day laborer that is not reported to the tax authorities will not be included in GDP
Answer:
Hence, the net income earned or net loss incurred by the business during the year $102,340.
Explanation:
