Answer:
The earnings per share for 2016 are $5.45 per share while the earnings per share for 2015 were $5.60 per share.
The earnings per share has fallen in 2016 as compared to 2015, thus there is an unfavorable trend.
Explanation:
Earning per share (EPS) is the amount of net income allocable to each share of common stock outstanding. It is a useful measure for investors as it tells them how much $ return a business in earning on every share of common stock. The earnings per share is calculated as follows,
Earnings per share = (Net Income - Preferred dividends) / Weighted average shares on common stock outstanding
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2015 EPS = (376000 - 40000) / 60000 = $5.60 per share
2016 EPS = (448750 - 40000) 75000 = $5.45 per share
The stereo would cost 3750 British pound in Britain at the prevailing exchange rate.
Explanation:
Given details-
The exchange rate between the British pound and US Dollar- 0.75 British pounds for 1 USD
Cost of the stereo= 5000 USD
Proportionate cost of the stereo in the British pound-
Exchange rate conundrum can be understood in the following way easily-
It means that for every 1 USD, a person in Britain would shell out 0.75 British pounds. In other words, the British pound is dearer than USD.
Since the cost of the stereo is 5000 USD and 1 USD is 0.75 British pound
5000 USD would equal 5000* 0.75 British pound= 3750 British pound
cost of the stereo is 3750 British pound
Answer:
The correct answer is (A)
Explanation:
Product efficiency is a key aspect which every firm or organisation must achieve to improve revenue and profits. Product efficiency is a way to allocate resource to produce goods and service at the lowest average cot possible. Firms usually apply economist of scale to achieve product efficient. Product efficiency can only be achieved by using scarce resources efficiently and effectively.
Answer:
She can deduct the full $120,000. the answer is $120,000.
Explanation:
Therefore, M is following cash basis of accounting , She can deduct the full $120,000 amount. Under cash system, expenses are recorded when cash is paid irrespective of whether it is accrued or not.
Answer:
Price of the stock at the end of three years =$34,27
Explanation:
Price of the stock today = 
.
Where D1 is the total dividend earned in year 1 =$0.2*4=$0.8
D1=D2=D3=$0.8
therefore, from the given information
.
Solve for P3, which is the price of the stock at the end of three years =$34,27.
