Answer:
223,250 shares
Explanation:
proceeds from the exercise of options
= 26000 × 7 = 182,000
used to repurchase common stock at market price
182,000 ÷ 8 = 22,750
shares outstanding march 31, 2021
220,000
shares to be used in cal diluted EPS;
(26,000 - 22750) + 220,000 223,250
No. of Shares for computing Diluted Earning per share = 223,250 shares
I think it’s the second one letter B
Answer:
sorry I was just wondering if you want to be a good
Answer:
hospitals, highways, schools
Explanation:
A municipal bond is a type of debt security made by government entities in order to finance <em>capex </em>(capital expenditures), mainly for the construction of hospitals, highways, schools.
They represent loans that investors give to such government entities and they are usually exempt from the usual taxes on building such things.
Answer:
21.29%
Explanation:
The computation of the internal growth rate is shown below:
But before that we need to determine the following calculations
Debt equity ratio js
= debt ÷ equity
The debt is 0.6 of equity
So,
= 0.6 × $8,600
= $5,160
Now
Total assets = Total liabilities + Total equity
= $8,600 + $5,160
= $13,760
Return on assets = Net income ÷ Total assets
= $3450 ÷ $13760
= 0.2507
Now as we know that
Retention ratio = 1 - payout ratio
= 1 - 0.3
= 0.7
And, finally
The Internal growth rate is
= (Return on assets × Retention ratio) ÷ [1 - (Return on assets × Retention ratio)]
= (0.2507 × 0.7) ÷ [1 - (0.2507 × 0.7)]
= 21.29%
