Answer:
Rye's earnings per share = $2.41 per share (Approx.)
Explanation:
Given:
Number of Average outstanding common share = 196,000
Net income =$470,400
Number of authorized common share = 395,000
Number of treasury shares = 24,000
Number of issued shares 220,000
Find:
Rye's earnings per share
Computation:
Earnings per share = Net income / Number of Average outstanding common share
Rye's earnings per share = 472,400 / 196,000
Rye's earnings per share = $2.41 per share (Approx.)
Answer:
- Used its fixed assets more efficiently.
- Had a greater increase in sales relative to its fixed assets.
Explanation:Fixed assets are long term assets that a company acquires,they are also tangible and are non current in nature. This type of assets appear in a company's balance sheet buildings,equipments,lands etc.
WHEN A FIXED ASSET IS EFFICIENTLY UTILIZED IT WILL CONTINUE TO GIVE A HIGHER TURNOVER.
IT CAN ALSO MEAN THAT THE ASSET HAD A GREATER INCREASE IN SALES RELATIVE TO ITS FIXED ASSET.
It may be required by law.
This small bill also requires that employers provide mandated reporter training to appreciate staff members. Your employer provided mandated reporter training should include informational how to identify and report instances of child abuse or neglect.
Answer:
Interest expense $80
Explanation:
the journal entry to record the issuance of the note:
December 1, 202x, note issued in replacement of account payable
Dr Accounts payable 24,000
Cr Notes payable 24,000
the journal entry to record accrued interests payable is:
December 31, 202x, accrued interests payable
Dr Interest expense 80
Cr Interests payable 80
Interest expense = $24,000 x 4% x 1/12 = $80
Leadership teams concentrate on their internal process and simply inform others what they are doing. The senior management teams are made up of presidents, directors and managers.
The role of senior management is therefore focused on establishing strategic decisions that will help the company achieve its objectives and goals.
The leadership team is also responsible for developing the set of practices and policies that will drive the organization and institute its organizational culture.
Therefore, leadership teams play an essential role in leading an organization in the market aligned with its values, strategies and various functional and corporate responsibilities that lead the company to be competitive and profitable in the market.
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