Answer:
Net income available to common stockholders is $1,075,000
Explanation:
Net Income $1,250,000
To Preferred Shareholders <u>$175,000 </u>
Net income available to <u>$1,075,000</u>
common stockholders
Basic earnings per share = Net income available to common stockholders / weighted average shares of common stock
Basic earnings per share = $1,075,000 / 380,000
Basic earnings per share = $2.8290 per share.
Answer:
![\left[\begin{array}{ccccc}& &September&October&November\\&$sales&6000&6800&5600\\&$Desired ending&4760&3920&4270\\&$Total Needs&10760&10720&9870\\&$beginning&4200&4760&3920\\&$Production Requirement&6560&5960&5950\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%26%09%26September%26October%26November%5C%5C%26%24sales%266000%266800%265600%5C%5C%26%24Desired%20ending%264760%263920%264270%5C%5C%26%24Total%20Needs%2610760%2610720%269870%5C%5C%26%24beginning%264200%264760%263920%5C%5C%26%24Production%20Requirement%266560%265960%265950%5C%5C%5Cend%7Barray%7D%5Cright%5D)
MISSING INFORMATION ATTACHED
Explanation:
The sales forecasted plus the desired ending inventory is the complete needs the sales department expect to be fullfill
Then, as the company has a beginning invneotry each period a portion of this needs is already fullfil thus, the difference are the production requirements.
Answer:
The 125,000 shares of common stock would be issued
Explanation:
For computing how many shares of common stock would be issued, we have to use the formula of common share produced which is shown below:
Common share produced = Par value ÷ Conversion price
where,
Par value is $5,000,000
And, the conversion is $40
Now, apply these values to the above formula
So, the value would be equals to
= $5,000,000 ÷ $40
= 125,000
The time period and rate of debentures is irrelevant, Thus, it is ignored.
Hence, the 125,000 shares of common stock would be issued.
Answer: a. benefits Boxlandian consumers by $672 and harms Boxlandian producers by $598.50.
Explanation:
Equilibrium price will be at level where quantity demanded equals quantity supplied.
200 − 2P = -60 + 3P
200+60 = 5P
5P = 260
P = $52
Equilibrium Quantity Demanded = 200 − 2P = 200 - 2 * 52 = 96 units
In a no-trade situation the demand in Boxland is 96 units at a price of $52. If they were to buy at the world price of $45, they would benefit;
= (96 * 52) - (96 * 45)
= 4,992 - 4,320
= $672
Producers however would produce the following at a price of $45;
Q S = -60 + 3P
= -60 + 3(45)
= 75 units
They would be supplying less units and be hurt.
