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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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Three employees of a hardware store damaged a tile floor while moving concrete pavers from their delivery truck to an outdoor pa
KiRa [710]

Answer:

The Business Auto Coverage Form in this case will cover for tile damages that occur due to accidents brought about during the transfer of property from a covered auto to the place where the property is finally delivered. The damages that occurred on the pavers will not be covered because of the care, custody, and/or control exclusion clause.

8 0
3 years ago
True or false: production runs can be scheduled in one or two shifts.
irina1246 [14]
The answers are as follows:
1. TRUE.
Shift schedule is a practice used in manufacturing industries to increase the numbers of hours that is used in production process. The shift divides the hours in the day into specific period and assign teams that will work during each period. The shift practice is usually employed in production run in order to ensure efficient use of all resources during the production process. Production run are typically schedule into one or two shifts; which may be during the day alone or during the day and night.
2. FALSE
Hiring the needed complement will eliminate OVERTIME, not the second shift. Hiring the needed complement usually remove the need for all overtime. Hiring the needed complement will make having a second production run team possible and this second team can handle the production process that ought to be done through overtime.
3. FALSE.
It is the duty of the management to strive to DECREASE STAFF TURNOVER.
Staff turnover refers to the rate at which employees are leaving a company and new employees are been absorbed. High staff turnover will make the company to spend more money on resources and training of new staffs.  
4. TRUE.
During periods of high demand, production usually increases and more workers are hired. Instead of hiring more workers, a company that has two production shifts may decide to add more workers to the first shift in order to increase the amount of work that could be done. This will result in the decrease in the number of the workers in the second shift.
5. FALSE
Increasing training hours decreases needed complement. Increasing the training hours will equip the workers with the needed knowledge which will make them more effective and productive. This will decreases the complement needed for the production process.
6. RECRUITING COST [B].
In a situation where a company has to hire more workers to the one it already has on ground as a result of increased production, then the company will have to spend extra money in the process of recruiting the needed workers.
7. DECREASE [B]
If the productive index is already at 100%, adding overtime will decreases the productivity index. This is because, overtime has a way of reducing the efficiency and the productivity of the workers, thus decreasing the amount of work done by them.
8. FALSE.
Workers training is entered in hours. The amount of training received by workers are measured in hours. The higher the training hours, the higher the amount of training which a worker has undergone and the higher will be the value of that worker to the company.
9. C
Each company is expected to have a base amount of $1,000 for each new worker that is hired. The company may decide to eliminate all other recruiting costs but this base amount can not be eliminated.
10. SEPARATION COST [C].
Separation cost are incurred when production level decreases and/ or automation level increases.
Separation cost refers to the cost that is needed to lay off an employee from an organisation. When the production level decreases or the company decide to automate their production processes, then some workers will have to be sacked and these workers have to be paid some money before they leave the company. This result in increase in the amount of money that the company will spend on separation cost.
8 0
3 years ago
Ivory purchased a car for $24,000. The annual interest rate on the loan is 3.5%. She will make payments for 6 years. What is Ivo
Kitty [74]
11.68 $ a month, i believe thats the answer, if not its pretty close...

3 0
2 years ago
Your book describes the increase in the money supply as being analogous to giving people more money. If the output of goods and
SOVA2 [1]

Answer:

<em>Purchasing power parity (PPP): </em>The principle suggests that if the purchasing powers are the same in two different countries, their exchange rates would be in equilibrium.

<em>Happening:</em> When inflation occurs in the US and it occurs more rapidly than in other nations, the currency, the dollar, will be less attractive to other nations. This means that the dollar's exchange rate with the currency of another nation will increase.

Explanation:

Suppose the rate of exchange between pound and dollar is 1 pound= 1.5 dollar before inflation. When inflation happens it may be 1 pound= 2 dollars.

If it has greater buying power, the currency will be demanded more. The US dollar was more requested before inflation, as 1 pound is spent on buying just $1.5. When inflation occurs, the dollar's buying power goes down and it gets less needed. 1 pound is already being spent on that time but to buy more dollars, 2 dollars.

4 0
3 years ago
The General Store at State University is an auxiliary bookstore located near the dormitories that sells academic supplies, toile
Nookie1986 [14]

Answer:

A) it will need to sale 5193 pizzas

B) selling 20 per day it will take 260 days

C) if price decrease by 1 dollar to 7.95 the new BEP will be 6,429 dollars

and will take 322 days to achieve break even

Explanation:

fixed cost: 27,000 oven

sales price 8.95

variable cost 3.75 frozen pizza:

contribution margin: 5.2

break even:

27,000 dollars / 5.2 dollar per pizza= 5.192,30

5,192 pizzas / 20 per day = 259.6 days

If sale price decrease by one dollar:

27,000 dollar / 4.2 contribution per pizza=  6.428,57

6,429 / 20 per day = 321.4

8 0
3 years ago
Read 2 more answers
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