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Ivenika [448]
3 years ago
7

Mayan Company had net income of $34,000. The weighted-average common shares outstanding were 8,500. The company has no preferred

stock. The company's earnings per share is:
Business
1 answer:
Sindrei [870]3 years ago
6 0

Answer:

The company's earnings per share is $ 4.

Explanation:

EPS earning per share is an indicator widely used by investor of stock market in order to determine market value of their investment. EPS is directlty proportional to stock price.

EPS is calculated by dividing net income with outstanding common shares.

EPS = Net income/ outstanding common shares

EPS = 34,000/8,500 = $ 4

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2 years ago
Fine office company employs general construction, inc. (gci), to renovate an office and signs a note for $10,000 payable to gci.
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Answer:

A: $0

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3 years ago
Scott wants to accumulate $3,800 over a period of 11 years so that a cash payment can be made for roof maintenance on his summer
Kamila [148]

Answer:

$240.76

Explanation:

The formula to determine the annual deposit is :

p = FV / annuity factor

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3 0
2 years ago
Calculate Producer Surplus if Reservation Price=20, Price=8, & Quantity=10.
Pavel [41]

C. 60  
Explanation: 
Producer's Surplus means the value producer derives from selling goods. For example, if producer is willing to sell the product for a price 8 but consumers are willing to pay a higher price, let's say 20, then producer achieves a surplus of 12 per unit. Let's calculate the producer's surplus -   
As per question, Reservation Price (RP) =20, Price (P) =8, & Quantity (Q) =10  
The formula for Producer Surplus (PS) is as follow: 
 PS = 1/2 (RP - P) x Q 
= 1/2 (20-8) x 10 = 60
4 0
3 years ago
____ focus on achieving standardization of components, systems, and services and application of currently used purchased items o
pishuonlain [190]
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