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zimovet [89]
3 years ago
7

What is an annual pre tax income

Business
2 answers:
ruslelena [56]3 years ago
7 0
Pretax earnings are a company's earnings after all operating expenses, including interest and depreciation, have been deducted from total sales or revenues, but before income taxes have been subtracted.
shutvik [7]3 years ago
5 0
<span>Pretax earnings are a company's earnings after all operating expenses, including interest and depreciation, have been deducted from total sales or revenues, but before income taxes have been subtracted.</span>
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The following information is available for Barone Corporation: January 1, 2019 Shares outstanding 4,000,000 April 1. 2019 Shares
stepladder [879]

Answer and Explanation:

a. The computation of the weighted average number of shares is shown in the attachment below:

b.  Now the earning per share i.e EPS

= (Net Income - Preferred Dividend) ÷ (Weighted average number of shares )

= ($9,850,000 - $10,000) ÷ (8,720,000 shares)  

= $1.13    

The preference dividend is

= (2,000 × $100 × 5%)

= $10,000

5 0
3 years ago
Beacon Industries,Inc. thinking about having one of its products manufactured by a subcontractor.Currently , the cost of manufac
krek1111 [17]

Answer:

It is cheaper to buy the product.

Explanation:

Giving the following information:

Production:

Direct material $45,000

Direct labor 30,000

Factory overhead (30 % is variable ) 98,000

Buy:

Total cost= $100,000

<u>I will assume that none of the fixed overhead avoidable. Therefore, we will take into account only the variable overhead.</u>

Total variable production cost= 45,000 + 30,000 + (98,000*0.3)

Total variable production cost= $104,400

It is cheaper to buy the product.

3 0
3 years ago
Globally, ethical codes of conduct are becoming more sophisticated and accessible. O True O False
allochka39001 [22]

Answer:

True .

Explanation:

Business ethics tell us what is right and wrong, what is good and bad, what is fair and unfair. Business ethics are very important for any company. They help a company to improve there image in front of people. Business ethics is a part of society , business uses its resources ,so its become the moral value of business to do something for society.

Whenever a company do something good for society , then it improves its image in public .

Now a days, the consumer are become the king of the market, they organised powerful association when company do not fulfill there need.

If business do not work ethically then government also interfere . So to avoid government interference , to build good public image it is necessary for businessman to work ethically.

3 0
3 years ago
In most​ cases, the company is not simply seeking a sale.​ rather, it wants to engage the customer over the long haul in a​ ____
nexus9112 [7]
<span>In most cases, the company is not simply seeking a sale. rather, it wants to engage the customer over the long haul in a mutually profitable relationship. With this kind of goal, a company will have a higher chance of prosperity and stability in the long run.</span>
7 0
3 years ago
A corporation is concerned about their exposure to criminal liability after the most recent election cycle placed a number of ne
Angelina_Jolie [31]

Answer:

The strategy that would be least effective in reducing the company's criminal liability is:

D. It could donate to the election campaigns of the new members of Congress to establish goodwill.

Explanation:

While the other three options will effectively reduce the company's criminal liability exposure, option D is the least that is likely to have a positive or effective effect.  This implies that option D is most likely to aggravate the criminal liability of the company as it will be regarded as bribery to cover up a crime.

4 0
3 years ago
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