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Sedaia [141]
2 years ago
6

At December 31, 2017 and 2018, Funk & Noble Corporation had outstanding 1,000 million shares of common stock and 13 million

shares of 4%, $100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in 2017 or 2018. Net income for 2018 was $1,652 million. The income tax rate is 40%. Calculate earnings per share for the year ended December 31, 2018.
Business
1 answer:
Zanzabum2 years ago
7 0

Answer:

$1.6

Explanation:

The computation of the earning per share is shown below:

Earning per share = (Net income - preferred stock dividend) ÷ (Number of shares)

where,

Preference stock dividend equals to

= 13 million shares × 4% × $100

= $52 million

And, the other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= ($1,652 million  - $52 million) ÷ (1,000 million shares)

= $1,600 million ÷ 1,000 million shares

= $1.6

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Name the non-partisan organization that has set the rules for U.S. presidential and
Oksi-84 [34.3K]

Answer:

The non-partisan organization that has set the rules for U.S. presidential and  vice presidential debates since 1987 is discussed below in details.

Explanation:

A non-partisan system is an arrangement of administration or organizations such that general and intermittent elections take place without relating to political parties. there are two types of Non-partisan organizations: De facto and De jure.

The commission of presidential debates was organized in the year 1987 to assure that the debates, as a constant part of every general election. The commission of presidential debate advocate and present debates for the United States presidential and vice-presidential candidate.

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3 years ago
If we assigned three people to work with you on a complex project containing 75 tasks that you were responsible for, how would y
Anni [7]
First of all, I will try to get to know people who were assigned to me. as I will have 75 tasks and equality is very important to me, I will give each person 25 task. if they will have some problems with given task I will try to help them or change their tasks so they can be more comfortable with their work. As a leader, i will do work as well, if my team will have some problems i will listen to them and solve those problems together. 
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3 years ago
If the absence of an agreement to the contrary in partnership, what are the all partners entitled?
Ne4ueva [31]

Answer:

d) All of above​

Explanation:

A partnership agreement provides guidelines on how two or more partners will manage their partnership business. It is the contract that dictates each partner's roles,  profit and loss sharing formula, and personal liability of each in case of insolvency.

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6 0
2 years ago
Kids' Corner, a toy store, ordered a supply of stuffed toys from Toyland Inc. The toys were supposed to be delivered on the 1 st
AveGali [126]

Kids' Corner, a toy store, ordered a supply of stuffed toys from Toyland Inc. The toys were supposed to be delivered on the 1st of December but were sent to Kids' Corner on the 5th of December. There has been a(n) _____ of contract.  

A. compensatory breach

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<u>Correct Option:</u>

There has been a <u>material breach</u>  of contract.

<u>Option: C</u>

<u>Explanation:</u>

A contract law concept that applies to a non-performance under the contract that is sufficiently serious to give the grieved party the right to sue for contravention of the contract, is understood as a material break or infringement.

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3 years ago
Which of the following is true of both paying with a check and paying with a debit card? A. Both work like a loan from your bank
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