EPS is Net Income attributed to shareholders divided by no. of shares outstanding. The dividend on preferred stock is subtracted from net income before calculating earnings per share (EPS). Following is the formula for Earnings per share
EPS = (Net Income – Preferred Dividend)/ No. of common stocks outstanding
= ($611,000 - $84,000)/ 303,000
= $1.74
Therefore, earnings per share would be $1.74.
Answer:
Explanation:
Let y amount be invested in bonds
Let x amount be invested in money account
Let x amount be invested in stocks
x = y + 3x
10,000 = 12/100(y+3x) + 8/100*y + 4/100*x
10,000 = 12(y+3x) + 8y + 4x / 100
10,000 * 100 = 12y+36x + 8y + 4x
2500 * 100 = 3y + 9x + 2y + x
250,000 = 5y + 10x
50,000 = y + 2x.......................(1)
x + y + z = $100,000
y + 3x + y + x = $100,000
2y + 4x = 100,000
y + 2x = 50,000.......................(ii)
y = 50,000 - 2x
x = 50,000 + x
z = z
<u>2 Options are</u>
{(x,y,x), (x2,y2,z2)}
= (50000, 50000) (60000, 30000, 10000)
Answer: The answer is given below
Explanation:
A best-cost strategy is a strategy that is used by companies as they focus on low cost in order to give their customers better value for the money spent on the purchase of goods or services from them. The goal of this strategy is to keep the prices and costs lower when compared with the other competitors that offer similar products.
This strategy can be very successful in retail stores. Retail stores offer similar products to their competitors and using this strategy could help in making the store get more customers and hence push up its income.
For this strategy to work in such industry, firstly, the company will need to study its market very well, get to know its competitors, have a good working relationship with the manufacturers of different products, and have a friendly and amazing staffs who know what is and expected of them. With all these in place, success will be achievable.
An example of a firm in Jacksonville that is following a best cost strategy is
McDonald. The company over the years, has been successful and laid s foundation of offering fast-food meals that are of low prices and affordable.
Is best defined as the amount of tax that is saved because of the depreciation expense.
Answer:
the number of students to register for break even is 40 students
Explanation:
The computation of the number of students to register for break even is as follows
Let us assume the break even point be X,
Now as we know that
At break even
Total Expense = Total Revenue
$6,400 + $15 × X = $175 × X
160 × X = $6,400
So,
X = $6,400 ÷ 160
= 40 students
hence, the number of students to register for break even is 40 students
