1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mama L [17]
3 years ago
5

Mayan Company had net income of $132,000. The weighted-average common shares outstanding were 80,000. The company has no preferr

ed stock. The company sold 3,000 shares before the end of the year. There were no other stock transactions. The company's earnings per share is:
Business
1 answer:
katrin [286]3 years ago
4 0

Answer:

EPS = $1.71 per unit

Explanation:

<em>Earnings per share is the total earnings attributable to ordinary shareholders divided by the number of units of common stock .</em>

<em>It represents profit per unit of stock unit  held by common stock holder investor. The higher the more profitable and the  better.</em>

Earnings per share = Earnings attributable to ordinary shareholders / units of common stock

Earnings attributable to ordinary shareholders= Net income after tax - preference dividend  

Net income = 132,000

Preference dividend = Nil

<em>Number of shares at the end of the year = Number of shares at the beginning - number of shares at the end</em>

Number of shares at the end of the year = 80,000 - 3000 = 77,000  units

Earnings = = 132,000 - 0 = 132,000

Earnings per shares(EPS) = $132,000 / 77,000 units = $1.71 per unit

EPS = $1.71 per unit

You might be interested in
On January 1, Year 1, Savor Corporation leased equipment to Spree Company. The lease term is 9 years. The first payment of $698,
Lelu [443]

Answer:

The interest revenue will Savor record in Year 1 on this lease at 9% is $347,697

Explanation:

Present value of Lease Payment = $4,561,300

Less: First Payment on Jan 1, 2018 = $698,000

Remaining Balance = $3,863,300

Interest Revenue for Year 1 at 9% = $3,863,300 × 9%

Interest Revenue for Year 1 at 9% = $347,697

8 0
3 years ago
Psychographic analysis and behavioral analyses are examples of methods of ________. market research marketing market segmentatio
Anni [7]

Psychographic analysis and behavioral analyses are examples of methods of market segmentation positioning.

Market research is the process of determining the feasibility of a new service or product through research conducted directly on potential customers. Market research allows companies to discover target markets and collect consumer opinions and other feedback regarding their interest in products and services.

Most business ideas come from entrepreneurs who recognize a need for a product or service.

The psychographic analysis includes personality traits, lifestyle, social class, habits, behaviors, and interests. Each of these unique psychological factors strongly influences consumer behavior. These factors are then used to segment the audience based on their psychographic composition.

Learn more about Psychographic analysis at

brainly.com/question/13361203

#SPJ4

8 0
2 years ago
How does an expansionan expansion in the central​ bank's domestic assets ultimately affect its balance sheet under a fixed excha
vladimir1956 [14]

Answer:

Option D          

Explanation:

In simple words, A determined currency rate, also called a fixed currency value, refers to the form of exchange rate regimes during which a currency agency sets or pegs the value of the currency against both the value of yet another currencies, a combination of other currencies, or another value factor, like gold.

Thus, in order to keep the currency at a fixed level the monetary authority must increase their liability also but on a domestic level only as two accounts are considered to be separate in such systems.

5 0
3 years ago
MC Qu. 107 The following information is available... The following information is available for a company's utility cost for ope
lianna [129]

Answer:

Variable cost Per Unit $2.50

Explanation:

Total cost at high activity = $8100

Total Cost at Low activity = $3600

Total Units at high activity = 2400

Total Units at low Activity = 600

Variable Cost Per Unit =  (High activity total Cost - Low activity total cost ) / (High Activity unit - low activity units)

Variable cost per unit = ($8100 - $3600) / (2400 - 600) = $4500 / 1800 = $2.50

7 0
3 years ago
Identify 3 reasons why we should teach financial education.
Sophie [7]

Answer:

Why should financial education be taught in schools?

Financial literacy classes teach students the basics of money management: budgeting, saving, debt, investing, giving and more. That knowledge lays a foundation for students to build strong money habits early on and avoid many of the mistakes that lead to lifelong money struggles

Should financial literacy be taught in schools essay?

it empowers you with basic knowledge of investment options, financial markets, capital budgeting, etc. Understanding your money mitigates the danger of facing a fraud-like situation. ... Basic knowledge of financial literacy will help people with foreseeing the risks and argue/justify with anyone learned and well-informed

4 0
2 years ago
Other questions:
  • 5. Owes First National Bank $350 (Accounts Payable) A. Asset C. Both B. Liability D. Neither
    13·1 answer
  • If a document reaches you, and requires you to perform some action, you should do it immediately if ________. a. It is from your
    6·2 answers
  • Marigold Corp. began the year 2022 with $98300 in its Common Stock account and a debit balance in Retained Earnings of $42100. D
    15·1 answer
  • "in a period of rising prices, the inventory method which tends to give the highest reported costs of goods sold is"
    15·1 answer
  • Patrick Guitman recently graduated from college with $20,000 in student loans and $5,000 in credit card debt. He usually makes m
    7·1 answer
  • What is one advantage of keeping your money in a savings account
    15·1 answer
  • Noelle, assistant manager at Green Gardens Restaurant, is preparing a questionnaire to help her evaluate customer satisfaction.
    12·1 answer
  • _____ reflects performance in brief, special circumstances that demand a person's best effort.
    10·1 answer
  • You expect Technomess Company common stock to pay a dividend of $2.40 one year from now. You can buy the stock now for $52, and
    8·1 answer
  • An effective performance management system is comprised of four steps: defining performance, monitoring and evaluating performan
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!