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patriot [66]
3 years ago
8

Culver Corporation earned $262,000 during a period when it had an average of 100,000 shares of common stock outstanding. The com

mon stock sold at an average market price of $15 per share during the period. Also outstanding were 13,500 warrants that could be exercised to purchase one share of common stock for $10 for each warrant exercised.(a) Are the warrants dilutive?
(b) Compute basic earnings per share. (Round answer to 2 decimal places, e.g. $2.55.)
(c) Compute diluted earnings per share.
Business
1 answer:
Westkost [7]3 years ago
5 0

Answer:

a) The warrant are Dilutive

b) Basic EPS $2.62

c) Diluteed EPS = $2.31

Explanation:

a) The warrants are dilute because the cost of exercising the rights is lover than the market price

b) Basic Eps = Total Earning/Share Outstanding = $262,000/100,000 = $2.62

c) Diluted Eps = Earnings/(Shares outstanding+potential shares)

= $262,000/(100,000+13,500) = $2.31    

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One year ago, you purchased a stock at a price of $43.20 per share. The stock pays quarterly dividends of $.18 per share. Today,
gizmo_the_mogwai [7]

Answer:

Capital gain = $2.16

Explanation:

The return on equity is the sum of the dividends earned and capital gains made during the holding period of the investment.  

Dividend is the proportion of the profit made by a company which is paid to shareholders.  

Capital gains is another type of the return made on an equity investment as a result of increase in the value of the shares. It is difference between the cost of the share and the value at the time of disposal.  

Therefore, capital gain  as follows:  

Capital gain = $45.36-43.20

Capital gain = $2.16

8 0
3 years ago
The Organisation for Economic Co-operation and Development's requirement that personal data collected should be accurate, comple
yaroslaw [1]

Answer:

Data Quality Principle

Explanation:

Collected data is said to be relevant if it is a true representation of real world facts. If it is not then conclusions drawn from it will be incorrect.

Data should be complete, consistent, have integrity, and relevant for a specific use.

For example in marketing, a company uses names and contact information to promote their goods and services. The data needs to be correct and updated for it to be useful. Assume a customer has changed his address and phone number, and these were not updated. It will be difficult for the company to conduct business with him.

4 0
3 years ago
The amount of goods and services each dollar buys at a given point in time is called:
vazorg [7]
The amount of goods and services each dollar buys at a given point in time is called: Purchasing power.
The term defines the number and quality or value of goods and services that can be purchased with <span>one unit of money. 
</span>Purchasing power loss happen<span> when prices increase, while purchasing power gain happens when prices decrease.</span><span>
</span>
4 0
3 years ago
Going on ____ refers to the practice of a subordinate male convincing an ovulating female to move away from the community's terr
slamgirl [31]

Answer:

<em>I can see that there are no choices.</em>

mate-guarding

Explanation:

"Alternative mating strategies" are being used by either<em> female or male animals </em>in order to <u>defend the mating partner from another potential partner.</u>

In order to access the certainty of the male to the female, the male uses the strategy of mate-guarding. This means that the <em>male makes sure that he guards the female</em> and <u>wards off intruders. </u>This also prevents the female to seek other potential partners.

So, this explains the answer.

6 0
3 years ago
PLEASE ANSWER
MaRussiya [10]

Answer:

C.

Explanation:

Collateral consequences are legal and regulatory restrictions that limit or prohibit people convicted of crimes from accessing employment, business and occupational licensing, housing, voting, education, and other rights, benefits, and opportunities.

In this scenario, the clerk cannot get a job anymore after he stole credit card information. He cannot be trusted anymore due to his actions.

4 0
2 years ago
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