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sweet-ann [11.9K]
3 years ago
9

Shamrock Company had net income of $34,000. The weighted-average common shares outstanding were 8,500. The company declared a $3

,200 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company's earnings per share is:________
a) $4.13.
b) $4.38.
c) $3.37.
d) $4.00.
e) $3.62.
Business
1 answer:
Leni [432]3 years ago
3 0

Answer:

d) $4.00.

Explanation:

Net Income = $34,000

Common shares outstanding = 8,500 shares

Earning Per share = Net Income for the period / Common shares outstanding

Earning Per share = $34,000 / 8,500 shares

Earning Per share = $4 per share

The company's earnings per share is $4.

Divided declared has nothing to do in the calculation of Earning per share because we just measure the earning against each share which involves net income and number of outstanding shares only.

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Answer:

Imports.

Explanation:

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The world trade organization (WTO) is an intergovernmental organization that set rules, policies and regulates global trade across the world.

In this scenario, the Blue Bird Bus Company in Georgia sells buses to the South African government. To South Africa, these buses are an example of imports.

An import can be defined as a type of trade which typically involves the purchase of goods and services from a foreign country for domestic use.

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1. A public relations manager plans to delegate crisis communications responsibilities to a subordinate. What characteristic wil
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8 0
2 years ago
Other things being equal, an increase in the number of sellers of a good will _____ for that good.
Ahat [919]

Answer:

The correct answer is letter "C": decrease equilibrium price and increase equilibrium quantity .

Explanation:

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Thus, <em>the increase in sellers will raise the equilibrium quantity decreasing the equilibrium price.</em>

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If you had a bank account, which two methods of completing transactions do you think you would use most frequent?
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Answer:

The correct answer is B.

Explanation:

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3 years ago
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