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iren [92.7K]
3 years ago
13

Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands,

except share information.) 2022 2021 Net sales $ 1,125,000 $ 1,132,800 Net income (loss) 75,801 68,855 Total assets 855,338 838,078 Share information Shares outstanding at year-end 68,000,000 69,820,000 Preferred dividends 0 0 There were 76,680,000 shares outstanding at the end of 2020. (a) What was the company’s earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.) 2022 : $enter the company’s earnings per share for 2017 in dollars rounded to 2 decimal places 2021 : $enter the company’s earnings per share for 2016 in dollars rounded to 2 decimal places
Business
1 answer:
MrRissso [65]3 years ago
3 0

Answer:

                                                                     2022         2021

EPS                                                                 $1.12         $0.99

Explanation:

EPS = NET INCOME / no of shares outstanding

       = $75801000/68000000 =1.12 (2022)

       = $68855000/ 69820000= 0.99 (2021)

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Who is the first lady president in the world
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Answer:

Isabel Martínez de Perón

Explanation:

Isabel Martinez de Perón of Argentina was the very first woman or lady to serve as leader of a country as president, taking over as vice president following her husband died in 1974.

On July 21, 1960, Sirimavo Bandaranaike was chosen as the world's first women Prime Minister.

5 0
3 years ago
At December 31, 2018, Oriole Company reported the following information on its balance sheet.
drek231 [11]

Answer:

Bad debt expense (Dr.) $68,930

Allowance for Doubtful Debt (Cr.) $68,930

Explanation:

Accounts Receivable :

Balance $948,000

Add: Sales $3,609,930

Less: Sales returns $51,000

Less: Collections $2,756,000

Less: Write offs $97,000

Add: Recovery of old Bad debts $28,000

Adjusted Balance $1,653,930

Bad Debts :

Balance $78,000

Less: Allowance for doubtful debts $97,000

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Adjusted Balance $9,000

7 0
3 years ago
Rent control policies tend to cause
Savatey [412]

Answer:

The correct answer is d.  relatively smaller shortages in the short run than in the long run because supply and demand tend to be more inelastic in the short run than in the long run.

Explanation:

Rent control laws set limits on how much landlords can charge rent. The rent control laws specify:

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  • How rent limits can be adjusted. Most rent control laws link increases in rental limits to an annual percentage of inflation in a local consumer price index.
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There are no federal rent control laws since the US Supreme Court. UU. He ruled that rent regulation is a state issue. Most states do not have rent control laws regulated. Only some cities and communities in some states continue to apply them.

In the United States, rent control laws were adopted during World War II when the country was experiencing a housing shortage. President Richard Nixon then passed the wage and price laws that influenced the modern rent control laws that are still being applied today. This is why most rent control laws usually apply to older properties built before 1980.

5 0
3 years ago
The IRS has the authority to assess a monetary penalty to who
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the IRS has the authority to impose penalties on tax professionals.

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It is a division of the Treasury Department and is run by the Commissioner of Internal Revenue, who is picked by the US President for a five-year term. Among the responsibilities of the IRS are helping taxpayers with their taxes, pursuing and resolving cases of incorrect or fraudulent tax files, and managing a number of benefit programs, including the Affordable Care Act.

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5 0
1 year ago
Generally it is thought that assignment of property rights leads to efficient use of resources. We noted two cases however (the
malfutka [58]

Answer:

Explanation:

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1 Externality effect

2 There could also be market failure, when property rights are not properly defined.

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Also when the property rights are not put in place its difficult to come to a resolution that satisfies all parties.

4 0
3 years ago
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