<span>A company wins a contract to be the sole provider of phone and cable television service for a city.</span>
Answer:
Explanation:
Basic and diluted Eps
Basic EPS = profit after tax-preference share dividend / w. Avg No.of shares
Basic Eps
Income 270000
Tax 20% 54000
Pat 216000
Dividend 5*5000 -25000
191000
W.Avg No. shares 50000
Basic EPS 191/50 3.82
Diluted Eps
PAT 191000
Add back Dividend of assumed conversion of pref. shares 25000
Total Income 216000
Total No of share 60000*
Diluted Eps 216000/60000 3.6
*Common Stock = 50000
Add Assumed Conversion of Pref. shares = 5000*2 = 10000
Total Shares = 60000
Answer:
Sabrina’s Soccer has a comparative advantage over Stan’s Sporting Goods because Sabrina’s Soccer has a lower opportunity cost.
Answer:
Nancy needs to have a bachelor’s degree or master’s degree in<u><em> business administration</em></u> and good <u><em>communication</em></u> skills.
Explanation:
The major roles that a business development manager has to perform are:
- maintain good contacts with the clients and provide information to the new clients.
<em>To get a job as a business development manager, a person should have a degree in business management, administration or another degree pf equivalent value.</em>
<u><em>A person aspiring for this shall have a vast knowledge about business and also should have good communication skills.</em></u>
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Answer:
B. July
Explanation:
The principle of revenue recognition arises whenever the income is realized or earned whether cash is collected or not and it also supports the accounting accrual basis. Realizable here means that the customer obtains the product however the payment is made afterward.
So, in the given case, the service is provided in the July month and the same is to be recorded on the July month
