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Zigmanuir [339]
3 years ago
12

An annual report of Ford Motor Corporation states, "Net income a share is computed based upon the average number of shares of ca

pital stock of all classes outstanding. Additional shares of common stock may be issued or delivered in the future on conversion of outstanding convertible debentures, exercise of outstanding employee stock options, and for payment of defined supplemental compensation. Had such additional shares been outstanding, net income a share would have been reduced by 10¢ in the current year and 3¢ in the previous year. As a result of capital stock transactions by the company during the current year (primarily the purchase of Class A Stock from Ford Foundation), net income a share was increased by 6¢."
What information is provided by this note?
Business
1 answer:
Mrrafil [7]3 years ago
5 0

Answer:

The main information given by this statement is that the net income per share has increased by 6¢ a share.

All the other stuff about the decision of not issuing new stock because it would lower net income per share is just a probability but is not really that important.

Whether they have to issue new stock to pay for future debts or supplemental compensation to employees is not that important because it didn't happen. In the future the company will have to decide how to pay for those expenses, hopefully they will have the cash to do so or they can issue new stock or new bonds. They don't even know how much they will have to pay since compensations are usually tied to other factors like performance, etc.

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Answer:

Standard direct labour cost = $20.00   per hour

Explanation:

The direct labour costs represent expenditures incurred in respect of direct worker which can be traced to the product been produced. For example, the labour cost of machine operator saddled with production task.

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Standard direct labour cost = $20.00

5 0
3 years ago
Jim has hired a real estate broker to help facilitate the sale of his home. If the broker requires a commission of 6%, how much
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Answer:

Jim will receive 449,999.62

Explanation:

We are going to discount the sales commission from the proceeds of the home, this will be the net cash  received from Jim

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net realizable                       449,999.62

(sales price - commisions)

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3 years ago
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AlladinOne [14]

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2 years ago
Question 433 pts Implementation of the law Group of answer choices is typically done by the members of Congress. is typically au
Eddi Din [679]

Answer:

Implementation of the law Group of answer choices requires judgment because laws are often very vague.

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However, It is necessary for the judiciary to interpret the laws since the executive arm tends to abuse their privileges thereby failing to implement the law.

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7 0
3 years ago
A leading game console manufacturer reduces the price of its flagship product by 10 percent. Holding other things such as income
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E (Last one, you didn't put a letter for it)

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