Which is NOT a reason companies integrate horizontally?

Green Caterpillar Garden Supplies Inc. just reported earnings after tax (also called net income) of $9,750,000, and a current st

astra-53 [7]

Answer:

a. $12.08 per share

Explanation:

For computing the next year stock we have to do the following calculations

Current Earning per share = Net Income ÷ Number of Common Shares Outstanding

= $9,750,000 ÷ 5,500,000 shares

= $1.77

Current Price Earning ratio = Current stock price ÷ Current EPS

= $14.74 ÷ $1.77

= 8.33

Now Next year earning per share = $9,750,000 × 1.25 ÷ 8,400,000 shares = $1.45

So, the next year stock price = $1.45 x 8.33

= $12.08 per share

3 0

3 years ago

Which of the following statements will an auditor most likely add to the negative from of confirmations of accounts receivable t

MrRissso [65]

Answer:

The correct answer is letter "C": "If you do not report any differences with 15 days, it will be assumed that this statement is correct".

Explanation:

Accounts Receivable, or AR, is an accounting term used to refer to the money that is owed to a company by its customers. The customers, who may be individuals or corporations, are the debtors since they owe money for the goods or services provided by the company. When the product is sold in credit the company sets a number of days so that the customer can pay the bill amount. The term usually is 30, 60 or 90 days.

In that sense, and auditor may find 15 days suitable for a debtor for report changes in a statement, otherwise, it is considered as correct.

7 0

3 years ago

On the statement of cash flows, the investing activities section would include a.cash paid for retirement of bonds payable b.cas

____ [38]

C I think is the right answer

7 0

3 years ago

Structure is important because it helps our minds begin to develop expectations about what will happen next in a piece of music.

KatRina [158]

The term structure in music describes the layout of a composition as divided into sections. It describes<span> the way the music piece is built up.</span><span>
The statement that structure is important because it helps our minds begin to develop expectations about what will happen next in a piece of music is true.
</span>

8 0

3 years ago

Scenario Creekside Robotics Corp. provides free lunch to its employees every day. The work environment is informal and friendly,

Ierofanga [76]

The social need is provided when Creekside Corp seeks to satisfy its staff by providing a friendly work environment where everybody gets to know each other.

<h3>What is a social needs?</h3>

This is a need that include friendship, affection, belonging, love etc.

In a workplace, when the physiological and safety needs are well satisfied, then, the employees will be motivated to work effectively.

Therefore, the social need is provided when Creekside Corp seeks to satisfy its staff by providing a friendly work environment

Therefore, the Option C is correct.