Answer:
Net income = $76,000
Earning per share (EPS):
Income from continuing operations per share = $4.40 per share
Loss from discontinued operations per share = -$3.64 per share
Net Income per share = $0.76 per share
Explanation:
Note: See the attached excel file for the income statement.
Also Note: Two years (2016 and 2018) were mistakenly mentioned in the question instead of just one of them. I therefore picked 2016 to prepare the income statement.
In the attached excel file, the earning per share (EPS) is calculated as follows:
Number of shares outstanding = 100,000 shares
Income from continuing operations per share = Income from continuing operations / Number of shares outstanding = $440,000 / 100,000 = $4.40 per share
Loss from discontinued operations per share = Loss from discontinued operations / Number of shares outstanding = -$364,000 / 100,000 = -$3.64 per share
Net Income per share = Net Income / Number of shares outstanding = $76,000 / 100,000 = $0.76 per share
Answer:
1. to make money to pay bills.
2. to sopport your family.
3. to so responce abilaty.
sorry I can't think of a fourth one.
Is this reading ? Can you explain the question more ???????
Answer:
Officially, the Great Recession lasted between December 2007 and June 2009, but it certainly seemed longer.
The economy crushed property and stock markets, destroyed $18.9 trillion of household wealth and destroyed over eight million jobs.
Explanation:
In December 2007, the Great Recession came to an end in June 2009, making the Great Recession the longest since World War II. The Great Recession was extremely extreme in a number of ways. Actual GDP decreased by 4.3% in 2009Q2, the biggest decline in the post-war era (based on the data of October 2013), as from its peak in 2007 Qu4. The figure was 4.3%. In December 2007, the unemployment rate was 5%, rising to 9.5% in June 2009 and a high of 10% in October 2009.
Simultaneously, the financial consequences of the Great Recession had outsized: the average home prices decreased by about 30 percent from the middle of 2006 to mid-2009, while the S&P 500 index decreased by 57 percent from its high in October 2007. Net values for US households and non-profit organizations dropped to $55 trillion in 2009, from a high of approximately $69 trillion in 2007.
Answer: $ -45,000
Explanation: Economic profit is the difference between accounting profit and opportunity cost.
Economic profit = Accounting profit - Opportunity cost
Sarah left her job as a real estate agent to become a yoga instructor. Therefore ,her opportunity cost is the income she forgoed to become a yoga instructor which is $100,000.
Her accounting profit is $55,000.
Economic profit = 55,000 - 100,000 = $-45000.
I hope my answer helps.
Goodluck
