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Citrus2011 [14]
3 years ago
8

Based on the balance

Business
1 answer:
stich3 [128]3 years ago
3 0

Answer:

im confused what is ur question?

Explanation:

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Farah Snack Co. has earnings after taxes of $108,750. Interest expense for the year was $20,000; preferred dividends paid were $
mars1129 [50]

Answer:

$0.9

Explanation:

Data provided in the question:

Earnings after taxes = $108,750

Interest expense for the year = $20,000

Preferred dividends paid = $18,750

Common dividends paid = $30,000

Common stock outstanding = 100,000 shares

Now,

Earning available on common stock

= Earnings after taxes - Preferred dividends paid

= $108,750 - $18,750

= $90,000

Therefore,

Earnings per share on the common stock

= Earning available on common stock ÷ Common stock outstanding

= $90,000 ÷ 100,000

= $0.9

7 0
3 years ago
Which sentence best completes the diagram?
Sauron [17]

Answer:

The answer might be option no C

5 0
3 years ago
Read 2 more answers
A new security system has a price-tag of $8,000, but should save your company $3,600 each year for the next 10 years in reduced
tensa zangetsu [6.8K]

If the required rate of return is 7.2%, no such security shall be purchased.

<h3>What does the required rate of return mean?</h3>

The required rate of return is the expected percentage of returns on investment at the time the investment is made. The required rate of return, in this case, is 7.2%.

The actual returns earned from purchasing the security for $8000 and receiving returns of $3600 are calculated to be around a 3.6% return.

As a result, if the required rate of return on investment is 7.2%, the security should not be purchased.

Read more about the required rate of return here:

brainly.com/question/13987385

#SPJ4

3 0
1 year ago
Cedar Designs​ Company, a custom cabinet manufacturing​ company, is setting standard costs for one of its products. The main mat
Snowcat [4.5K]

Answer:

Standard direct labour cost = $20.00   per hour

Explanation:

The direct labour costs represent expenditures incurred in respect of direct worker which can be traced to the product been produced. For example, the labour cost of machine operator saddled with production task.

The payroll cost is not a direct labour cost because payroll employed are not direct workers, also benefits are overheads related to direct workers

Standard direct labour cost = $20.00

5 0
3 years ago
The company budgeted for production of 2,400 units in June, but actual production was 2,500 units. The company used 19,850 pound
horsena [70]

Answer:

d. $40 F

Explanation:

Calculation to determine what The variable overhead efficiency variance for June is

First step is to calculate the SH

SH = 2,500 units × 0.4 hour per unit

SH= 1,000 hours

Now let calculate the Variable overhead efficiency variance

Using this formula

Variable overhead efficiency variance = (AH - SH) × SR

Let plug in the formula

Variable overhead efficiency variance= (980 hours - 1,000 hours) × $2 per hour= (-20 hours) × $2 per hour

Variable overhead efficiency variance= $40 F

Therefore Variable overhead efficiency variance is $40 F

8 0
2 years ago
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