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3 years ago

Earnings per share is a financial ratio that is used to measure

Business

1 answer:

exis [7]3 years ago

5 0

Answer:

-the profitability of a company

Explanation:

The profit is the final value created for a company after paying all their costs, expenses and taxes. The earnings per share show the quantity of money that a company makes per each common stock. This means the profit of a share.

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One cost-cutting measure used by Garr Tool Corp. is sourcing the parts it uses from companies in Germany, Ireland, and Canada th

cestrela7 [59]

Answer:

The answer is: globalization of production

Explanation:

Globalization of production to the business practice of increasing the flow of production factors from "cheaper" countries in order to lower their production costs. For example, cars are assembled using thousands of different auto parts, a lot of them are produced in the US, but a large portion are imported parts form countries like China, Mexico, EU, etc. Many times the auto parts are manufactured by the same corporation but on different locations, e.g. BMW produces engines in Germany and SUVs in the US, 3M produces auto parts in the US, Brazil, China, Mexico and several other countries and sells them all in the US.

4 0

3 years ago

An example of a Biotechnology research career is a/an

Romashka-Z-Leto [24]

Toxicology (D) is the only correct answer to this question.

3 0

3 years ago

Read 2 more answers

EA2.

Nadya [2.5K]

Answer:

$130,500

Explanation:

Given that,

service revenue = $720,000

Total cost (fixed and variable) per client = $2,500

Served = 115 clients during the year

operating expenses = $302,000

Gross profit:

= Service revenue - Total cost

= $720,000 - ($2,500 × 115)

= $720,000 - $287,500

= $432,500

Net income = Gross profit - operating expenses

= $432,500 - $302,000

= $130,500

7 0

3 years ago

Direct Labor Hours Machine Hours Blending Department Whole milk 260 650 Skim milk 245 710 Cream 215 260 720 1,620 Packing Depart

r-ruslan [8.4K]

Answer:

1. Wee have:

Blending department overhead rate = $110 per machine hour

Packing department overhead rate = $135 per direct labor hour

2. We have:

Whole Milk Total factory overhead = $134,950

Skim Milk Total factory overhead = $118,600

Cream Total factory overhead = $46,150

Explanation:

Note: This question is not complete and the data in it are merged together. The complete question with the sorted data are therefore presented before answering the question as follows:

Spotted Cow Dairy Company manufactures three products—whole milk, skim milk, and cream—in two production departments, Blending and Packing. The factory overhead for Spotted Cow Dairy is $299,700.

The three products consume both machine hours and direct labor hours in the two production departments as follows:

Direct Labor Hours Machine Hours

Blending Department

Whole milk 260 650

Skim milk 245 710

Cream 215 260

720 1,620

Packing Department 

Whole milk 470 500

Skim milk 300 415

Cream 130 165

900 1,080

Total 1,620 2,700

The management of Spotted Cow Dairy Company now plans to use the multiple production department factory overhead rate method. The total factory overhead associated with each department is as follows:

Blending Department $178,200

Packing Department 121,500

Total $299,700

Required:

1. Determine the multiple production department factory overhead rates, using machine hours for the Blending Department and direct labor hours for the Packing Department.

2. Determine the product factory overhead costs, using the multiple production department rates in (1).

The explanation of the answer is now given as follows:

1. Determine the multiple production department factory overhead rates, using machine hours for the Blending Department and direct labor hours for the Packing Department.

Blending department overhead rate = Blending department overheads / Blending department machine hours = $178,200 / 1,620 = $110 per machine hour

Packing department overhead rate = Packing department overheads / Packing department labor hours = $121,500 / 900 = $135 per direct labor hour

2. Determine the product factory overhead costs, using the multiple production department rates in (1).

Note: See the attached excel file for the determination of the product factory overhead costs, using the multiple production department rates.

In the attached excel file the following formulae are used to calculate the product factory overhead costs:

Blending department factory overhead = Machine fours * Overhead rate per machine hour

Packing department factory overhead = Direct labor hours * Overhead rate per direct labor hour

From the attached excel file, we have:

Whole Milk Total factory overhead = $134,950

Skim Milk Total factory overhead = $118,600

Cream Total factory overhead = $46,150

Download xlsx

6 0

3 years ago

What is taxable income?

ollegr [7]

Taxable income is the income (revenue) given on tax. It is payable, in other words, it is the tax paid for being paid.

Example:

You get $40
You need to pay 5% to tax

5% of 40
.05*40 = 2

2 is the tax, so,
40 - 2 = 38

Your revenue is 38 now, and taxable income is 2

6 0

4 years ago