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Lerok [7]
3 years ago
9

Bullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $707,000, Interest expense = $58,000, and

Taxes = $224,000. Bullseye's has no preferred stock outstanding and 370,000 shares of common stock outstanding. What are the 2008 earnings per share?
Business
1 answer:
ololo11 [35]3 years ago
8 0

Answer:

$1.15 per share

Explanation:

The computation of the earning per share is shown below:

Earning per share = Net income ÷ common stock outstanding shares

where,

Net income is

= EBIT - interest expense - taxes

= $707,000 - $58,000 - $224,000

= $425,000

And, the common stock outstanding shares is 370,000

So, the earning per share

= $425,000 ÷ 370,000 shares

= $1.15 per share

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Starbucks traditionally has relied on a franchising model to expand internationally. But when it came to India, the coffee chain
PtichkaEL [24]

Answer:

joint venture

Explanation:

Traditionally, Starbucks has depended on a model of the franchise to expand globally. However, when it comes to India, another approach was taken by the coffee chain. It allied with Tata Group to creat a joint venture.

A joint venture (JV) is a business deal where 2 or more parties agree to pool their money for a particular task to be accomplished. This role can be a new project or any other operation of the business.

7 0
3 years ago
True or false. leadership in a team is a key component to team success.
vitfil [10]
The answer to this is true
4 0
2 years ago
You plan to analyze the value of a potential investment by calculating the sum of the present values of its expected cash flows.
Firlakuza [10]

Answer:

A.- DECREASE

B.- DECREASE

C.- INCREASE

D.- INCREASE

E.- INCREASE

Explanation:

a. The discount rate increases

DECREASE the discoutn factors will be higher therefore, the present values lower.

b. The cash flows are in the form of a deferred annuity, and the total to $100,000. You learn that the annuity lasts for 10 years rather than 5 years, hence that each payment is for $10,000 rather than for $20,000

DECREASE Because the cashflow is generate on a longer period there is more exposure to discount rates.

c. The discount rate decreases

INCREASE The discount factor are lower. This situation is the opposite as (a)

d. The riskiness of the investment's cash flows <u>decreases</u>

INCREASE a lower risk derivates in lower cost of capital thus, lower iscount rates. This increase the present value of the cashflow.

e. The total amount of cash flows remains the same, but more of the cash flows are received in the earlier years and less are received in the later years.

INCREASE as most of the future cash flows are at the beginning they have less exposure to time value of money.

4 0
3 years ago
More accurate estimates and higher motivation are generally the result of using a(n) Blank______ budget. Multiple choice questio
katrin2010 [14]

More accurate estimates and higher motivation are generally the results of using a(n) participative budget.

What is meant by participative budgeting?

In a budgeting procedure called participatory budgeting, those in lower levels of management take part in the creation of the budget.

What are the benefits of participative budgeting?

Participatory budgeting undoubtedly provides a number of benefits, including goal congruence, fiscal responsibility, information sharing from inferior to superior, and greater subordinate work satisfaction.

Is participatory budgeting effective?

The highest-ranking engagement strategy on the participation rung is participatory budgeting because of this. Although it necessitates thorough planning and preparation, it also strengthens the legitimacy of your decision-making and the level of confidence that the community's residents have in their elected officials.

Learn more about participatory budgeting: brainly.com/question/14473563

#SPJ4

3 0
1 year ago
Currently, Mucho Dinero is organized into specialized departments such as marketing, finance, production and personnel. These de
GrogVix [38]

Answer:

Functional

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Each employee reports to one manager, so chain of command is simplified.

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