Answer:
MPC = 0.75
Explanation:
Marginal Propensity to Consume (MPC) is a part of Keynesian macroeconomic theory and is calculated by the change in consumption divided by the change in income. It quantifies the increased consumption which occurs with an increase in disposable income
Answer:
Explanation:
I really need to get the answeer of the aboe question
Answer: $1.51 per share
Explanation:
Here's the question:
Compute Berclair's earnings per share for the year ended December 31, 2021.
Firstly, we.calculate the weighted average number of shares outstanding which will be:
= ( 400 × 12/12 × 1.05 ) - ( 30 × 10/12 × 1.05 ) + ( 5 × 3/12 )
= 420 - 26.25 + 1.25
= 395 million
Then, we calculate the preferred dividend which will be:
= 6 × 100 × 9%
= 6 × 100 × 0.09
= 54 million
Earnings per share will be:
= ( Net income - Preferrred dividend ) / Weighted average number of shares outstanding
= ( 650 - 54 ) / 395
= 596 / 395
= $1.51 per share
Berclair's earnings per share is $1.51 per share
