Answer:
$1.67
Explanation:
The computation of the increase in earning per share is shown below:
But before that first we need to find out the current and proposed earning
per share
Particulars Current Proposed
<u>Number of shares $400,000 $240,000 (a) </u>
EBIT $2,000,000 $2,000,000
Less:
Interest $400,000
($4,000,000 ×0.10)
EBT $2,000,000 $1,600,000
Less
Taxes $0 $0
Net income $2,000,000 $1,600,000 (b)
EPS $5 $6.67 (a ÷ b)
Increase in EPS
= $6.67 - $5
= $1.67
Answer:
e. $89,337.60
Explanation:
Given that
The cost of the asset = $108,000
And, the MACRS rate is .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6
So the accumulated depreciation at the end of the year 4 is
= ($108,000) × (0.2 + 0.32 + 0.192 + 0.1152)
= $108,000 × 0.8272
= $89,337.60
By multiplying the cost of the asset with the MACRS rate upto fourth year we can get the accumulated depreciation
Answer:
D. the objective is to validate relationships and test hypotheses
Explanation:
In order to test hypothesis, a branch of statistics called "inferential statistics" is needed, and statistics, as it is well known, is a branch of mathematics (of applied mathematics).
Therefore, if you want to test an hypothesis and validate a relationship, you need to run a statistical study, and that study has to be fed with quantitative data.
Answer:
1. The correct answer is b) Confidentiality.
2. The CEO supports the CFO and does not agree to correct the financial statements
Explanation:
1. Confidentiality is an important element for different companies and professions, for example, through confidentiality, companies protect much of their information. That is why many companies make a confidentiality agreement with their employees when hiring them with the aim that the Company information is not shared for any reason.
There are confidentiality agreements that remain in force after people have stopped working at the company, for example in the case of the accountant who denounces the financial irregularities of his former boss, violates the confidentiality agreement and if his employer shows that he has no irregularity he can sue the accountant for not complying with the agreement.
2. Executive Director of the company is known as the CEO, whose function is the development of the business plan and the organization of the company.
The CFO is the acronym for the financial director in companies, they have the function of financial planning.
In companies, Executive Director (CEO) has the authority to accept or deny actions to be taken, for example, he has the authority to tell the chief financial officer (CFO) not to correct the company's financial statements. When the company has problems, it may be that the CEO and CFO will have responsibilities taking into account their functions.
<em>I hope this information can help you.</em>
Answer: Discharged
Explanation:
Discharge contract is one of the type of concept that helps in making the various types of agreement between the two members or any two companies.
The discharged contract is basically discharged by using the various types of operation of laws and also b terminating the different types of obligations.
According to the given question, the Clyde contracts with the deep-hole excavation Inc., is one of the type of discharged contract for the process of digging an agriculture farm. Therefore, Discharged contract is the correct answer.
