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Zigmanuir [339]
3 years ago
13

Suppose the following information (in millions of dollars) is available for Limited Brands for a recent year:

Business
1 answer:
luda_lava [24]3 years ago
3 0

Answer:

Earnings per share (EPS) = $0.71 per share

Explanation:

The earnings per share is a metric used by investors in deciding their investment decisions and it is also used as a metric to calculate the corporate value. The earnings per share simply tells the net income earned per each of the common share outstanding. The formula for earnings per share is,

Earnings per share (EPS) = (Net Income - Preferred dividends) / Weighted-average common shares outstanding

Earnings per share (EPS) = (213 - 0) / 300

Earnings per share (EPS) = $0.71 per share

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Concord Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were
nexus9112 [7]

Answer:

$2,317,000

Explanation:

The computation of the weighted-average accumulated expenditures for interest capitalization purposes is shown below:

For expenditure on March 1

= $1,932,000 × 10 months ÷ 12 months

= $1,610,000

On June 1

= $1,212,000 × 7 months ÷ 12 months

= $707,000

On December 31, it would be zero

So, the accumulated expenditures is

= $1,610,000 + $707,000

= $2,317,000

8 0
3 years ago
Suppose that capital becomes more productive. What would we expect to happen? Choose one:
Nata [24]

<u>Answer:</u>

<em>D. The equilibrium interest rate and amount invested would both increase </em>

<em></em>

<u>Explanation:</u>

Investment spending is a significant classification of actual GDP. Not exclusively is it the most unstable piece of real GDP; however, speculation spending on physical capital is additionally a significant supporter of financial development. Things being what they are, if a firm needs to construct another processing plant, where does it get the assets to assemble it? The investment of loanable assets depends on investment funds. The interest in loanable assets depends on getting.

6 0
3 years ago
_________ occurs when a good or service is produced at the lowest possible cost.
kolbaska11 [484]

Answer:

The correct option is C,productive efficiency

Explanation:

Allocative efficiency occurs when goods are produced to reflect the preferences of the consumers.This means that the producers are not concerned about deploying their resources in the most efficient manner as the overriding point is the satisfaction of customers' expectations.Hence option B is wrong.

Voluntary exchange refers to process of suppliers and customers engaging  in business transactions with freewill.

However,productive points to effective and efficient allocation of resources to yield maximum output and at the lowest possible cost per unit.No doubt option C is the correct answer.

3 0
3 years ago
Read 2 more answers
Which of the following items is recognized for governmental activities in the government-wide statement of activities and not th
bija089 [108]

Answer:

b. Property tax revenue for an amount deferred because it was not available

Explanation:

Government statement of activities shows the various expenses and revenue that the government has within a given period. It is usually on accrual basis.

While statement of revenues, expenditure and change in fund shows revenue and expense items that have been incurred by the government. This is not based on accrual but actual revenue earned and expense incurred.

So property tax revenue for an amount deferred because it was not available. Will appear on government statement of activities but will not appear in statement of revenue, expense, and change of funds because no present revenue or expense is involved.

5 0
3 years ago
The nissan automobile assembly plant in tennessee is an example of foreign direct investment in the united states.
BigorU [14]
The answer is False
7 0
3 years ago
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