1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
san4es73 [151]
3 years ago
14

A company reports the following: Net income $595,900 Preferred dividends $44,140 Shares of common stock outstanding 44,000 Marke

t price per share of common stock $36.37 Calculate the company's earnings per share on common stock. Round your answer to the nearest cent.
Business
1 answer:
DiKsa [7]3 years ago
3 0

Answer:

$12.54

Explanation:

The computation of the earning per share is shown below:

Earnings per share =  (Net Income - Preferred Dividend) ÷ (Share of common stock outstanding )

= ($595,900 - $44,140) ÷ (44,000 common stock outstanding shares )

= $551,760 ÷ 44,000  common stock outstanding shares

= $7.5

= $12.54

Hence, the earning per share is $12.54

You might be interested in
Kelly's company is selecting a manager to expand operations in china. kelly's boss says the new manager must display high cultur
Morgarella [4.7K]

If Kelly's company is selecting a manager to expand operations in china. kelly's boss says the new manager must display high cultural intelligence. what would most likely help kelly get the job is: displaying appreciation for diversity.

<h3>What is  cultural intelligence?</h3>

Cultural intelligence can be defined as the ability of a person to know about different culture and to as well adapt and relate with people that are of culture that is different from his.

Based on the scenario kelly can get the job if he display the appreciation for cultural diversity which will inturn enables the recruiter known that kelly has knowledge about other cultures.

Therefore what would most likely help kelly get the job is: displaying appreciation for diversity.

Learn more about Cultural intelligence here:

brainly.com/question/4289199

brainly.com/question/14726265

#SPJ1

3 0
2 years ago
Lake Co. receives nonrefundable advance payments with special orders for containers constructed to customer specifications. Rela
klasskru [66]

Solution :

We calculate the advances form the customer to be reported as the current liability as on Dec. 31, 2009 in the balance sheet as follows :

          <u>  Particulars  </u>                                                               <u>  Amount ($)</u>

Customer advances the balance Dec 31, 2008                           110

Add : advances that is  received with 2009 orders is                 195

Less : advances applicable to the orders in 2009                      -180

Less : advances from orders that are canceled in 2009          <u>  -45  </u>

Advances from the customers liability Dec. 31, 2009                  80

Therefore, the advance from the customer to be reported in the balance sheet as the current liability is $80.

6 0
2 years ago
What is capitol gain?
Triss [41]

Explanation:

  • It is the amount of profit gained by the organization by selling the stock, bond or other real estates.
  • If the value of selling price is higher than the cost price then it means that the capital gain is achieved.
  • The gain amount is calculated by subtracting the higher selling price with the lowest cost price
  • Example of capital assets are: mutual fund, stock, house, land, etc
  • If you achieve a capital gain, then you need to pay tax for it.
5 0
3 years ago
If 95% and 98% confidence intervals were developed to estimate the true cost of an mp3 player with a known population standard d
olga nikolaevna [1]
Below are the choices that I manage to check from other source:

A.Standard errors
B.Interval widths
C.Z-statistic
D.<span>Both b and c

The answer is D which is </span>Both b and c. 
Thank you for posting your question here at brainly. I hope the answer will help you. 
8 0
3 years ago
Which is not one of the financial costs of a recall? communication costs marketing costs legal costs engineering costs?
Masja [62]
<span>Marketing costs are not a financial cost of a recall. Marketing involves the process of getting offerings out to consumers who would likely purchase the item (or whom the company would like to purchase the item). Here, with a recall, the company is not attempting to sell anything new, but rather, they are attempting to fix a manufacturing defect.</span>
6 0
3 years ago
Other questions:
  • Two of the characteristics of useful information are: a. flexibility and durability. b. clarity and confidentiality. c. redundan
    10·1 answer
  • Income Statements under Absorption Costing and Variable Costing Gallatin County Motors Inc. assembles and sells snowmobile engin
    6·1 answer
  • A registered representative says in a conversation with a prospect that a certain mutual fund "has no initial sales load." The f
    7·1 answer
  • Match the words with the definitions please and thank you
    10·1 answer
  • The intermediate goods are not counted in the calculation of GDP, because: * 2 points A. that involves double-counting. B. these
    7·1 answer
  • The majority of the public would consider it unethical to increase executive salaries significantly while minimum wage employees
    6·1 answer
  • 1. At what level does the supervisor fit in the organizational pyramid? Describe a major trend that is changing the role of the
    14·1 answer
  • Within a an organizational structure, the person most likely to be evaluated in terms of controllable costs would be:___________
    12·1 answer
  • What's price in economics
    12·2 answers
  • Normal profit is the return to the entrepreneur when economic profits are zero. determined by subtracting implicit costs from to
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!