Answer:
When several types of potential common shares exist, the one that enters the computation of diluted EPS first is the one with the:
D. Lowest incremental effect
Explanation:
Diluted EPS:
Diluted EPS is known as diluted earning per share which is a method that is used to measure the determine the earning of business per share when all the convertible securities are used.
- Convertible securities are the simply those securities which include, warrants, convertible bonds etc.
The formula for calculating diluted EPS is as follow:
Diluted EPS = (Net income - Preferred dividend) / (convertible securities + Outstanding shares)
- So, the option d is correct as in the computation of diluted EPS, lowest incremental effect comes first.
Answer:
The cost of goods sold is $4,800
Explanation:
Given,
Beginning Inventory = $1,000
Ending Inventory = $1,200
Cost of goods manufactured = $5,000
Cost of goods sold = Beginning Inventory + Cost of goods manufactured - Ending Inventory.
Cost of goods sold = $1,000 + $5,000 - $1,200
Cost of goods sold = $4,800
Tax progressivity refer to a system in which individuals earn more pay higher taxes.
United States taxation system is considered tax progressive, individuals who earned up to $ 8,375 fell to the 10% tax bracket, meanwhile those who earn more than $ 373,650 fall to the 35 % tax bracket
i would its because to profit motive i think.
