Answer: $3.49
Explanation:
Diluted earnings per share =
Diluted Earnings per share =
Diluted Earnings per share = 3.4871
Diluted Earnings per share = $3.49
Answer:
The answer is a. The company is operating in a pure competition.
Explanation:
The other options are incorrect. Decentralisation of power has only a little to do with the geographical location and with the number of employees.
Besides, the employees must be accountable for the responsibilities they take.
However, when the competition is severe, decentralisation is useful as it motivates people and increase the creativity and the decision making capacity of the individuals.
Answer:
$3,900
Explanation:
December 15: The company sold $2,000 of product to the customer with terms 2/15, n/45. December 31:The company has a fiscal year end of December 31. The company estimates using the aging-of-Accounts Receivable.
Accounts Receivable were $140,000, 3% is the estimate for doubtful accounts, and the Allowance for Doubtful Accounts balance is a $300 debit prior to any adjustment.
Therefore the amount to be credited to doubtful account = 0.03 x 140,000 = $4,200
The amount of bad debts = $4,200 - $300 = $3,900
Answer:
When the price of a necessity increases, demand is likely to be <u>constant </u>because consumers <u>need </u>that product to survive. However, when the price of a luxury good increases, consumers may <u>not buy it</u> because the good is not crucial to survival. Thus, the demand would be <u>decreasing.</u>
Explanation:
Changes in prices do not affect the demand for necessary goods in price. Consumers need products to survive. Luxury goods are not a necessity for life. When the price goes up, the demand goes down.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.