Answer:
(3) to protect his/her other assets with limited liability.
Explanation:
The reason a professional such as a lawyer or doctor would incorporate his/her business is to protect his/her other assets with limited liability. Limited liability will be very good option for the professionals such as lawyer and doctors because it provides a sense of security. Limited liability secures the owners from any kind of loss if happens in business. Although, it is obviously much costlier but personal assets of the owners are also secured in the case if the business goes bankrupt therefore, it is the very best option for the professionals.
Answer:
Basic EPS = $6.6
Diluted EPS = $5.06
Explanation:
The computation of basic and diluted EPS is shown below:-
Basic EPS = Net income ÷ Weighted average shares outstanding
= $660,000 ÷ 100,000
= $6.6
Interest on convertible bonds = 1,000,000 × 8%
= 80,000
Diluted EPS = (Net income + Interest on convertible bonds × (1 - Tax%)) ÷ (Weighted average shares outstanding + Shares from Convertible bonds)
= ($660,000 + 80,000 × 60%) ÷ (100,000 + 40,000)
= ($660,000 + 48,000) ÷ (140,000)
= $708,000 ÷ 140,000
= $5.06
Answer:
b. Dominates a particular target market although its overall market share may be low.
Explanation:
- A niche strategy of the porter was to come with the product that fills the market segment and is characterized by the narrow specialization of the services focusing on a specific need.
A pay range is a set of possible pay rates defined by a minimum, maximum, and midpoint of pay for employees holding a particular job or a job within a particular pay grade, whereas a pay grades is a set of jobs having similar worth or content, grouped together to establish rates of pay.
