Answer:
Option (E) is correct.
Explanation:
EPS = $2.75
Book Value Per Share = $22.75
Shares Outstanding = 315,000
Debt Ratio = 44%
Total equity = Shares outstanding × Book Value Per Share
= 315,000 × $22.75
= $7,166,250
Total assets = Total equity ÷ (1 - Debt Ratio)
= $7,166,250 ÷ (1 - 0.44)
= $12,796,875
Total Dept = Total assets - Equity
= $12,796,875 - $7,166,250
= $5,630,625
Answer:
profit-sharing
Explanation:
As in the partnership, the profit and losses are shared between the partners in their profit losses sharing ratio so the profit sharing plan deals in the same thing if the compensation is distributed so it would be distributed based on the profit sharing plan so that everyone can get their share and according to that the work can done in a smoothly manner
A business person would most likely use seed capital to start a new business or use it to contribute financially to the business.
Answer:
The preferred stockholders $10,000
Common stockholders $4,000
Explanation:
The cumulative effect of the preferred stock is that the holders are entitled to arrears of dividends, in other words, they would receive this year last year's dividends in addition to current year's.
annual preferred stock dividends=dividend per share*number of preferred stock.
annual preferred stock dividends=$5*1000=$5000
dividends for 2 years=$5000*2=$10,000
common stock dividends=$14,000-$10,000=$4000
