Answer:
EPS is $2.9 per share
Diluted EPS is $1.54 per share
Explanation:
Basic Earning per share is calculated dividing Earning for the year excluding preferred dividend by weighted average number of shares.
Basic EPS = (Net Income - Preferred dividends) / Weighted Average numbers of share
Basic EPS = ($2,152,000 - $180,000) / 680,000 = $2.9 per share
Diluted earning per share is calculated by adjusting all the convertible share options or securities in the outstanding share.
Diluted EPS = (Net Income - Preferred dividends) / Diluted numbers of share
Diluted EPS = ($2,152,000 - $180,000) / ( 680,000 + 600,000 )
Diluted EPS = $1.54 per share
Answer:
FLSA rules establish that only short coffee breaks (between 5 to 20 minutes) should be compensated as work time. Meal periods that last at least 30 minutes are not compensable work time.
If maintenance workers are recalled earlier, that time counts as work time because they are performing their normal work tasks.
Answer;
The above statement is true;
<span>To protect consumers, the SEC requires brokers and dealers to reveal information about securities.
Explanation;
The objective of the SEC (securities and Exchange Commission) is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. they also protect consumers by requiring brokers and dealers to reveal information about securities. </span>
Answer:
A.
Compensating balances are used by banks as a substitute for charging service fees
Explanation:
Compensating balance is the amount of money that a customer who uses the bank's services, has to keep in an account. The purpose of this money will be to offset the cost incurred by the bank in the course of making its services available to the customer.
<span>By making particular purchases, the consumer inform or show what they need.
Ex:
im hungry, buy mc donald
im hungry but i want to be healthy buy other type of food.</span>
