Answer:
$4.02 per share
Explanation:
The computation of the earning per share is shown below:
Earning per share = (Net income) ÷ (weighted average number of outstanding shares)
where,
Net income is $1,705,000
And, the weighted average number of shares is
= (396,000 shares + 112,000 × 3 months ÷ 12 months)
= 424,000 shares
So, the earning per share is
= ($1,705,000) ÷ (424,000 shares)
= $4.02 per share
Answer:
1. Both shirts and handbags
2. Paul
3. Francisco
4. Specialized by producing shirts only
Explanation: I just took it hope this helps, you!
Answer:
C) "Variable annuities include investments in various products, normally mutual funds, so the value of the variable annuity will fluctuate with increases or decreases in the values of the products held within the variable annuity."
Explanation:
Joe's investment adviser should have discussed what type of investment he was recommending and why he was recommending them. If Joe wants to know more about his investments, his IAR has a fiduciary obligation to explain how a variable annuity works.
Variable annuities are a type of investment vehicle, which allows tax deferral on investment growth. Variable annuities are called variable because the investor decides which investment he will take and the value of the investments vary in time.
Usually variable annuities include different mutual funds, and if the price of the shares of the mutual funds vary, so will the value of the annuity.
Answer:
Marginal cost is defined as the additional cost incurred in adding a unit of product or service.
Marginal benefit is defined as the additional satisfaction or utility that the individual receives from consuming the added unit of product or service.
In every endeavor, we weigh the benefit and cost of a certain product, course of action or service. We aim to get the most out of every product or decision. We are driven to reach maximum profit at a minimum cost. Thus, when the marginal cost is greater than the marginal benefit, people will do less of an activity because it is not profitable.
Explanation:
Answer:
Liquidity is the term which is stated as the degree to which the asset or the security of the company which can be quickly sold or bought in the market at the price which states its intrinsic value.
In general term, it is defined as ease of converting the asset or security into cash.
Explanation:
The most liquid asset is cash as it is universally accepted and considered to be the standard for liquidity because it is quickly and easily be convertible into other assets., while the other tangible assets like collectibles, real estate are all relatively illiquid.
Liquidity is of different types:
1. Market liquidity - Which refers to the extent of market like stock market, real estate market.
2. Accounting liquidity - It evaluates the ease with which the company or individual could meet or fulfill the financial obligations with the liquid assets which are available to them.
The accounting liquidity is measured with following ratios - Cash ratio, Quick ratio and Current ratio.