Answer:
Total dollar Annual Cost = $300,000
Explanation:
- Total loan Commitment = 9000000
- Borrowed Fund (Used Portion) = 6000000
- Unused Portion (9000000 - 6000000) = 3000000
- Annual Commitment Fee for unused Portion = 0.50%
- Commitment Fee = 3000000 x 0.05% = 15000
- Borrowed Fund (Used Portion) = 6000000
- Interest Rate (3.25% + 1.5%) = 4.75%
- Interest Cost (6000000 x 4.75%) = 285000
Total dollar Annual Cost (15000 + 285000) = $300,000
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 and Explanation:
First Link Services granted
1. Total compensation
$4.4 million × $5
=$ 22 million
2.
Dr Compensation Expenses 11 million
Cr Paid in capital restricted stock 11 million
Dr Paid in capital restricted stock 22 million
Cr Common stock 4.4 millon
Cr Paid in capital excess of 17.6 million
Cost-benefit principles can be applied to the decision of e: all of these.
This means that cost-benefit principles can be applied to the decision of the following:
Majority rule voting
which project receives the most votes
rational ignorance
profit maximizing firms
