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Georgia [21]
4 years ago
11

A company has cumulative preferred stock. When computing earnings per share, the current year's dividends not declared on the pr

eferred stock should be:A. Deducted from earnings for the year.B. Deducted, net of tax effect, from earnings for the year.C. Added to earnings for the year.D. Ignored.
Business
1 answer:
nydimaria [60]4 years ago
5 0

Answer:

A. Deducted from earnings for the year

Explanation:

The formula for Earnings Per Share= (Net Income- Preference Dividend)÷ Outstanding Common Shares

The implication of cumulative preferrred Stock is that dividends that have been missed in past financial years by the Cumulative prefrred stockholders maybe as a result of lack of profit  must be paid first before any current dividend can be paid.

The implication of the provision means, as long as the organisation bound to pay the dividends for the past periods cumulative preference stock, the current year's dividends not declared on the preferred stock based on the need to meet the demand for previous periods' payment will be deducted from the earnings for the year for EPS Calculation.

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When financing a car, you must pay ___ on the amount borrowed.
goldfiish [28.3K]
The answer is interest. whenever you take a car loan from a bank or a financial institution, you always have to pay interest on the amount borrowed or the principal amount. the interest is how the financial institution or bank will earn through lending money
7 0
4 years ago
In the year 2020, a divorced woman under age 50 collects $50,000 of alimony and child support as her sole source of income. The
NikAS [45]

The available options are:

A. No contribution can be made because the woman does not have earned income

B. A contribution of up to $6,000 is permitted, but the contribution is not tax deductible.

C. A tax deductible contribution of up to $7,000 is permitted

D. A tax deductible contribution of up to $9,000 is permitted

Answer:

No contribution can be made because the woman does not have earned income

Explanation:

Unlike in the previous years before 2019, concerning divorce agreements, alimony is now declared to be no longer deductible by the payor and at the same time is considered to be a tax-free income to the recipient. In essence, this indicates that alimony is no longer qualifies as earned income and therefore, cannot be utilized to fund an Individual Retirement Account.

Hence, in this case, since it is , year 2020, the correct answer is "No contribution can be made because the woman does not have earned income."

8 0
3 years ago
Organizations refers to _____. demographics communication competition possible customers
ivolga24 [154]

Answer:

Organizations refers to demographics

Explanation:

8 0
3 years ago
COMMON MEASURE OF WHAT SOMETHING IS WORTH OR WHAT SOMETHING COSTS
Anton [14]

Answer:

price. is the answere I am almost certain

8 0
3 years ago
Imagine that an exchange student from China visits your class. While your teacher discusses how the United States has a limited
Marrrta [24]

The point best highlights about the US government limited power is that limited government protects individual freedoms. Thus the option (C) is correct.

<h3>What is Government?</h3>

Government refers to the group of individual governing the nation. The main role of the government is the protect of its territory from the outsiders. It functions in various sectors such as health, education, defense, infrastructure etc.

As per the above scenario, a Chinese students asks his teacher that why the American government has the limited power the best reason for the limited power is government protects the individual freedom by diving the power into many hands.

With the distribution of the power in the different branches has led to the enjoy the individual freedom. Thus the option (C) is correct.

Learn more about Government here:

brainly.com/question/4160287

#SPJ1

8 0
2 years ago
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