Answer:
(A) $1,655,500
(B) $5.52 per share
Explanation:
Ecker company announced a net income of $1,925,000
They also declare a cash dividend of $269,500
The company has 300,000 weighted average shares of common stock
(A) The amount of net income available to common stockhloders for 2017 can be calculated as follows
Net income available to common stockhloders= Net income- Preferred Cash dividend
= $1,925,000-$269,500
= $1,655,500
(B) The common basic EPS for 2017 can be calculated as follows
Common basic EPS= Net income available to stockholders/weighted average outstanding shares
= $1,655,500/300,000
= $5.52 per share
Answer:
Explanation:
I honestly don't know how to answer this, but I can look into it and get back to you.
A planning process is ongoing when there is a review of the marketing plan to prompt Sum Company to look at the relationship between analysis and determination.
<h3>What is a
planning process?</h3>
This refers to the necessary steps taken by a company to develop its budgets to guide its future activities.
Hence, a planning process is ongoing when there is a review of the marketing plan to prompt Sum Company to look at the relationship between analysis and determination.
Read more about planning process
<em>brainly.com/question/25453419</em>
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Answer:
The answer is A. $1,791.60
Explanation:
Annual interest payment on the loan is:
6% x $125,000
=$7,500
Therefore, monthly interest payment is $625($7,500/12 months).
Monthly payments (which comprise principal and interest payment) is $2,416.60.
The carrying value decrease when the first payment is made on January 31 was made will be:
$2,416.60 - $625
= $1,791.60