Answer:
The basic EPS for Alpha Company is $3.75 per share
Explanation:
The earnings per share are the net income for the year divided by the weighted average number of common stock issued and outstanding.
Net income here belongs to only common stockholders since the company has no debt finance nor preferred stock.
the net income is $750,000
The weighted average number of common stock issued and outstanding is 200,000
earnings per share=$750,000/200,000=$3.75 per share
Answer:
selling price of this car is $22700
Explanation:
given data
zero interest = 72 months
monthly payment = $350
market interest rate = 3.5% per year = 0.2917 % per month
time = 6 year = 72 months
solution
we get here present value of annuity that is
present value annuity = ( 0.2917 % per month , 72 months )
present value annuity = 64.8568
so here selling price of car is
selling price = monthly payment × present value annuity ............1
selling price = $350 × 64.8568
selling price = $22700
so selling price of this car is $22700
Answer:Hello!
Explanation:I am figuring this question out for you! one moment
The answer is B hope this helps
I think it would be D.
Hope this helps