Answer:
a. may be used when the shipped goods are minerals in short supply, or when the product has been heavily subsidized by the government.
Explanation:
Export taxes, may be used when the shipped goods are minerals in short supply, or when the product has been heavily subsidized by the government.
Answer:
Basic EPS=$1.08
Explanation:
Basic EPS= Net income after tax-preferred shares' dividend/Weighted average of outstanding shares
Net income after tax=$360,000*.7=$252,000
Dividend to preference shareholders=20,000*1.8=$36,000
Weighted average shares outstanding=200,000
Basic EPS=($252,000-$36,000)/200,000
Basic EPS=$1.08
