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yan [13]
3 years ago
14

January 1, 2016, Karev Corporation granted options to purchase 4,900 of its common shares at $5 each. The market price of common

stock was $11 per share on March 31, 2016, and averaged $11 per share during the quarter then ended. There was no change in the 72,868 shares of outstanding common stock during the quarter ended March 31, 2016. Net income for the quarter was $67,104. The diluted earnings per share for the quarter is $ decimal places (Round your answer 2
Business
1 answer:
sukhopar [10]3 years ago
3 0

Answer:

$.863

Explanation:

Diluted EPS=Net income-preferred stock dividend (if any)/Average outstanding shares during the period

Diluted EPS=$67,104/(72,868+4,900)

                   =$.863

In diluted EPS, all the potential conversion into common stocks are deemed to be converted for purposes of calculating weighted average shares.Therefore options have also been accounted for in above working.

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Does experiencing communication always result in better communication? (Interpersonal communication)
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Yes experiencing communication will result with better communication because the experienced person may know many words and new words to complete his communication
8 0
3 years ago
Harrod Company paid $4,800 for a 4-month insurance premium in advance on November 1, with coverage beginning on that date. The b
Cerrena [4.2K]

Answer:

Debit Insurance Expense, $2,400; credit Prepaid Insurance, $2,400.

Explanation:

The journal entry is given below

Insurance expense A/c Dr $2,400

        To Prepaid Insurance $2,400

(Being insurance expense is recorded)

The computation is shown below:

= Insurance premium ÷ number of months × required months

= $4,800 ÷ 4 months × 2 months

= $2,400 months

The 2 months is taken from November 1 to December 31

6 0
3 years ago
Ge is disrupting itself by using reverse innovation to create low-cost health care diagnostic products in emerging markets. all
umka2103 [35]

ge is utilizing reverse innovation in order to protect itself from rivals.

<h3>What is  reverse innovation?</h3>

Reverse innovation or trickle-up innovation An innovation is one that is first noticed or used in the developing world before moving to the industrialised world. Dartmouth academicians Vijay Govindarajan and Chris Trimble, as well as General Electric's Jeffrey R. Immelt, popularised the term.

Reverse innovation is the process by which goods developed as low-cost prototypes to satisfy the needs of developing countries, such as battery-powered medical tools in countries with poor infrastructure, are repackaged as low-cost novel goods for Western purchasers.

The approach of innovating in emerging (or developing) markets and then distributing/marketing these inventions in mature ones is known as reverse innovation. Many businesses are creating items in rising markets such as China and India and then distributing them abroad.

To know more about  reverse innovation follow the link:

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8 0
1 year ago
Place each of the folowing transactions in one of the four components of expenditures:a. Boeing sells an airplane to the Air For
ozzi

Answer:

Boeing sells an airplane to the Air Force is purchases by the Government

Boeing sells an airplane to the American Airlines is Investment

Boeing sells an airplane to the Air France is net exports

Boeing sells an airplane to the Amelia Earhart is Consumption

Boeing builds an airplane to be sold next year is an Investment

Explanation:

Purchases by Government represent goods and services bought by Federal,State or Local tier of Government and Air Force is part of the Government

Investment refers to goods bought in order to produce other goods or services,since American Airlines would convey passengers in the airplane,no doubt it is an investment.

Net export exports relate to worth of goods and services provided to other nations less the value of such goods and services the foreign nations provided to ours.Since the sale to a foreign company,it is ultimately a net exports taking import as zero.

Consumption refers to sale of goods and services to private individuals intended for private use.

Building up stock for sale next year is an investment in inventory.

5 0
3 years ago
Kristian has a family and is very comfortable in his hometown. He wants to work for the government but does not want to move awa
Bas_tet [7]
Planning cause they dont travel
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