Answer:
$1.12
Explanation:
Basic earnings per share is the standard calculation of the portion of a company's income that is earned or returned on one share of its common stock.
The formula for Basic Earnings Per Share is = Net Profit - Preference Dividend / Weighted Average Number of Shares
Weighted average number of shares can be obtained by multiplying the number of outstanding shares by the portion of the reporting period those shares covered.
Therefore applying the above to the scenario we have: 2000000/ [1500000+(500000*7/12)] = 2,000,000/1,791,667 = $1.12
Answer:
The win ratio of $250000 proposal is 1/4 based on number of proposals and 1/2 based on contract value.
Explanation:
The win ratio on the number of proposals submitted could be determined on the premise that there are four proposals to be chosen from and that anyone of the proposals could picked,hence each has an equal of chance of 0.25(25% calculated as 1/4).The win ratio of the $250000 contract is 1/4
However, the win ratio for the $250000 contract is the value of chosen contract divided total values of all proposals.
Win ratio=$250000/($120000+$50000+$250000+$80000)
=50% or 1/2
Answer:
Feb. 1 DR Cash $400,000
CR Tax anticipation notes $400,000
Dec 31 DR Expenditures - Interest $3,666.67
CR Accrued Interest Payable $3,666.67
Working
February to December = 11 months
Interest = 400,000 * 1.0% * 11/12 months = $3,666.67
April 1 DR Investments $100,000
CR Cash $100,000
Sept. 30 DR Cash $50,200
CR Investments $50,000
Interest Income $200
Working
Interest Income = 50,000 * 0.8% * 6/12 months
= $200
<span>Once a country has lost its comparative advantage in producing a good, its income will be higher and its economy will be more efficient if it switches from producing the good to importing it. By importing whatever the goods produced in the country, it will increase financial status.</span>
