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3 years ago

In calculating earnings per share, companies deduct preferred dividends from net income if:

Business

1 answer:

Savatey [412]3 years ago

7 0

Answer: Option B

Explanation: Earnings per share is calculated by dividing net income available to common shareholders with the weighted average number of shares.

Deduction of preferred dividends from net income is done only when dividends are declared by the entity, otherwise not. Preference shareholders have priority over common shareholders in case of dividends, so it will result in reduction of earnings to common shareholders but only when the dividends are declared and distributed.

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Harry's Construction Company specializes in digging foundations for newly constructed homes and businesses. Each worker receives

Elan Coil [88]

Based on the cost to Harry's Construction Company, the following are true:

a. $900
b. $0
c. $900

<h3>What are Harry's Variable Costs?</h3>

These are costs that change based on quantity used. The variable cost here will be:

= ( Number of workers x Cost per worker) + (Number of bulldozers x Cost per bulldozer)

= (3 x 100) + (2 x 300)

= 300 + 600

= $900

There are no given fixed costs so the fixed costs are $0.

<h3>What are the Total costs?</h3>

= Variable cost + Fixed cost

= 900 + 0

= $900

Find out more on variable costs at brainly.com/question/8225307.

8 0

2 years ago

The Brookstone Company produces 9 volt batteries and AAA batteries. The Brookstone Company uses a plantwide rate to apply overhe

Rzqust [24]

Answer:

Over applied Overhead =$ 42,500

Explanation:

Actual Overhead $325,000

Estimated Overhead $350,000

Over applied overhead is when the Predetermined overhead is more than the actual overhead . Under applied overhead is when the Predetermined overhead is less than the actual overhead .

Predetermined Overhead rate= Overhead / total direct labor hours

= 350,000/ 500,000 (100)= 70%

Applied Overhead = Predetermined Overhead rate( actual direct labor hours)

= 70 % (525,000) = $367,500

Applied Overhead $367,500

Less Actual Overhead $325,000

Over applied Overhead =$ 42,500

5 0

3 years ago

When sales double, a pizza restaurant finds its costs for sauce, dough and electricity increase, because these are __________.

Nastasia [14]

The costs of sauce, dough and electricity increase, because these are variable costs.

Variable costs are costs that change with the level of output. When output increases, variable costs increases and when output declines, variable cost decreases. When the demand for pizza increases, variable input would increase and this would increase variable costs.

On the other hand, fixed costs are costs that do not variable with the level of output.

To learn more about variable cost, please check: brainly.com/question/25879561

3 0

2 years ago

Venus Inc., a manufacturer of canned meat, tried to market its canned beef products in India. Since cows are considered sacred i

Dafna11 [192]

Answer:

cultural

Explanation:

Based on the scenario being described it can be said that this indicates that Venus Inc. did not understand the cultural environment in India. A cultural environment are the different beliefs, practices, behaviors, and norms that exist in a society. Cows being sacred is a belief in Indian culture, and the lack of this knowledge is what caused the marketing strategy to fail.

4 0

3 years ago

Read 2 more answers

Fill in the blank.... 10 PTS !!!

WITCHER [35]

She can use images to show the team the the products they plan to launch.

She can also add a graph to show where these products will be most popular.

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3 years ago