Number one is B, number two is C, number three is A, number four is d. I think
Answer:
Diluted EPS = $3.0625
Explanation:
Earning per share (EPS) = earnings available to ordinary shareholders/ number of ordinary shares possible after conversion
Conversion of preferred stock into common stock
= 16,000
× 5 = 80,000
Number of ordinary shares = common stock + converted preferred stock
= 160000+ 80000 =240,000 units
$
Net Income 520,000
Preferred dividend (8%×100×16000) (<u>128000)
</u>
Earnings available to shareholders <u> 392000
</u>
Number of shares 240,000
Diluted Earnings per share
392,000/240,000= $3.0625
Diluted EPS = $3.0625
Answer:
$2,254
Explanation:
The computation of the amount of the check is shown below:
= Sale value of merchandise - returned goods - discount amount
where,
Sale value of merchandise is $2,500
Returned goods is $200
And, the discount is 2% of $2,300 = $46
So, the amount of the check is
= $2,500 - $200 - $46
= $2,254
We simply applied the above formula so that the correct amount could come
Answer:
The answer should be un terms of the traded goods. In the case of the minimum price of rum, it is 0.5 barrels of rum per one ton of coffee. In the case of the maximum price of coffee, it is 6 tons of coffee per barrel of coffee.
Explanation:
These values come from the analysis of opportunity cost that both countries have at the moment of use the production capacity: if the Dominican Republic decides to produce rum, then it would give up on coffee. The same with Nicaragua, when it chooses to produce coffee, it gives up producing rum. The potential trade opportunities arise in the mix of prices where both countries can take benefit form the exchange of goods (obtaining more of one product than producing with its own capacity). This is called comparative advantages, and it is a theoretical justification of international trade.
