Dividends per share by definition is how much did each share of the company receive in dividends.
You take the total dividend paid and divide by the number of outstanding shares
3.20 million / 4 million = dividends per share.
Answer:
The payments will be of 1,797.02 dollars
Explanation:
We need tyo calcualte the PTM of an ordinary annuity which present value is 8,000. The time will be 5 years and the discount rate 4%
PV $8,000.00
time 5 years
rate 4% = 4/100 = 0.04
PTM: $ 1,797.017
Answer:
The times- interest- earned ratio is 6.61 times. The right answer is A.
Explanation:
In order to calculate the times- interest- earned ratio we would have to make the following calculation:
times- interest- earned ratio=Income before interest and taxes/Interest expense
According to given data
Income before interest and taxes=Net Income+Income tax expense +Interest expense
Income before interest and taxes=$265,000+$105,000+$66,000
Income before interest and taxes=$436,000
Therefore, times- interest- earned ratio=$436,000/$66,000
times- interest- earned ratio= 6.61 times
Answer:
C : in at least two different accounts
Explanation:
As there is an effect of any transaction on at-least 2 accounts that is each general transaction has an entry with two accounts involved.
Thus, whenever an accounting entry is to be done, it will involve 2 accounts, though both the accounts might be of asset, or one of asset and one of liability.
In each case, the entry will keep the accounting equation balanced.
Therefore, correct option is
Statement C
Answer:
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Explanation:
