Answer:
Explanation:
The preparation of the 2021 EPS presentation for the Esposito Import Company is shown below:
Income from continuing operations $7 million
Less: Loss from discontinued operations ($1.4 million)
Net income $5.6 million
Now the earning per share would be
Earning per share = (Net income) ÷ (Number of shares)
= ($5.6 million) ÷ (1 million shares)
= $5.6 per share
Answer:
<u><em>Less likely to expand.</em></u>
Explanation:
When ever interest rates rise in an economy, the soul purpose of that is to control inflation by influencing the people to save more and consume/spend less.
Hence, when the interest rates will rise, Kathleen will be moving away from the expansion process as she will have to borrow the money at more cost than before, hence increasing the risk of return from the expansion process. Hence this will lead to the demand for loan-able funds to slope downwards.
Hope this helps you. Good Luck.
Answer:
Retained Earnings
Explanation:
The statement of retained earnings is prepared after preparing the income statement but before preparing the balance sheet. The reason behind this is that the statement of retained earnings is used to calculate the amount of retained earnings at the end of the period to be shown in the balance sheet.
Answer:
D.unemployment that is due to normal turnover in the labor market.
Explanation:
Frictional unemployment occurs as as result of normal movement of workers in an economy due to changing of jobs. It is also called transitional employment.
This type of employment can occur even when there is full employment in the economy and people want to move from one job to the other.
Frictional unemployment could be due to quitting, termination, seasonal employment, or term employment.
Answer:
$30,870
Explanation:
Sales per unit: 67,200/3,200 = 21
variable expenses per unit : 38,976/3200 = 12.18
.......................
Sales 3500 unit: 21*3500 = 73,500
Variable expenses 3500 units : 12.18*3500 = 42,630
Contribution margin = Sales-Variable expenses = 73,500-42,630
=$30,870
