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Nonamiya [84]
3 years ago
13

The income statement for Nadeen, Inc. shows income before income taxes $700,000, income tax expense $210,000 and net income $490

,000. If Nadeen has 100,000 shares of common stock outstanding throughout the year, earning per share is:
A $7.00
B $4.90
C $2.10
D None
Business
1 answer:
katrin [286]3 years ago
4 0

Answer:

B $4.90

Explanation:

The earnings per share ratio (EPS), is an entities net income after tax that is available the shareholders divided by the weighted average number of shares of common stock that are outstanding during the period of the earnings.

As such, given;

net income after tax = $490,000

number of shares = 100,000

EPS = net income after tax/number of shares

= $490,000/100,000

= $4.90

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When depreciation is computed for partial periods under a decreasing charge depreciation method, it is necessary to?
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There may be a great deal of interaction between a service provider and a consumer in which they co-create value together. In su
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The blank will be filled by services.

<h3>What do you mean by services?</h3>

Services are intangible activities or advantages that a business offers to meet customers' demands in exchange for cash or other valuables.

<h3>Which should be fill in blank?</h3>

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1 year ago
a country that can sell its products at a lower cost because it has lower standards for emissions from manufacturing facilities
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A country that can sell its products at a lower cost because it has lower standards for emissions from manufacturing facilities is making use of predatory dumping .

What Is Predatory Dumping?

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  • The corporation may eventually establish a monopoly in its chosen market by outpricing competitors.

What is an example of predatory dumping?

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4 0
10 months ago
April Corporation developed the following per-unit standards for its product: 2 pounds of direct materials at $3.75 per pound. L
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Answer:

200 Unfavorable

Explanation:

Calculation to determine what The direct materials usage variance for last month was:

Material usage variance =( Direct materials pounds - Direct materials units) * Actual quantity purchased

Let plug in the formula

Material usage variance= (2 pounds *900) -2,000 pounds

Material usage variance= 1,800 - 2,000

Material usage variance=200 Unfavorable

Therefore The direct materials usage variance for last month was 200 Unfavorable

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