The lowest fees for investors are typically found in a type of passive investing called the Index Fund investing.
Answer: $1.21
Explanation:
Earnings per share = (Net income - Preferred dividends) / Weighted average number of common shares outstanding
Weighted average number of shares outstanding:
Opening = 300 million shares
Treasury stock on March 1 = 54 million * (10 / 12 months) = 45 million shares
Share balance = 300 - 45 = 255 million shares
Dividend to be added = 255 * ( 1 + 5%) = 267.75 shares
Add Treasury stock sold = 267.75 + (9 million * 3/12 months)
= 270 million shares
Earnings per share = (400 - (8 * 9% * 100) ) / 270
= $1.21
Answer:
D. The marginal cost is at its minimum
Explanation:
Marginal Cost is the additional cost of producing an additional unit of output. Thus if the marginal product is at its maximum, the marginal cost will be at its minimum
It would take 34.5 years for a population of 550 moose to double if 25 offspring are born and 14 moose die on average per year.
Answer:
b. Report of Independent Registered Public Accounting Firm
Explanation:
In an annual report, a certified and independent registered public accountant can give the company's financial statements are prepared reasonably. Without his consent, it is challenging for a firm to show its readers' financial statements and position. Therefore, option B is correct.
Notes to the financial statements can show the elaborate result of the financial statements. Therefore, it cannot produce fairness of the statements.
The management discussion and analysis section suggest how the company performs throughout the year. Finally, the balance sheet shows the assets, liabilities, and stockholders' statement of the current and subsequent years.