Answer:
The answer would be D
Explanation:
Advertising that promotes a business, organization, institution or similar unit. In institutional advertising, the business promotes itself rather than its product.
Answer:
d. classified as a common fixed expense and not allocated to the product lines.
Explanation:
In the case when the income statement is segmnented by the product line so the salary of the chief executive officer (CEO) would be categorized as a common fixed expenses as it has fixed in a nature so it would not be allocated to the product lines
Therefore as per the given situation, the option D is correct
Hence, the same is to be considered
Answer:
EPS is $2.8 per share
Diluted EPS is $2.4 per share
Explanation:
Basic Earning per share is calculated dividing Earning for the year excluding preferred dividend by weighted average number of shares.
Basic EPS = (Net Income - Preferred dividends) / Weighted Average numbers of share
Basic EPS = ($592,000 - ( 19,100 x $0.9 ) / 205,000 = $2.8 per share
Diluted earning per share is calculated by adjusting all the convertible share options or securities in the outstanding share.
Diluted EPS = (Net Income - Preferred dividends) / Diluted numbers of share
Diluted EPS = ($592,000 - $17,190) / ( 205,000 + 39,000 )
Diluted EPS = $2.4 per share
All the option given are inconsistent with data given.
The MARGINAL tax rate is the percentage of additional earnings that goes to taxes.
Marginal tax rate stands for the amount of tax paid on any additional income. It is based on progressive tax system that increases with the increase of an individual's income. Thus, it varis with the income of an individual.
The answer is C. If the future price of a good is expected to rise, that means consumers would want to buy more NOW before the price increases. This causes the immediate demand to rise.