Answer:
the income earned is $39,900
Explanation:
The computation of the income earned is shown below:
As we know that
Margin (%) = Income earned ÷ Sales revenue
Therefore,
Income earned = Additional sales Margin percentage
= $570,000 × 7%
= $39,900
hence, the income earned is $39,900
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Iron ore, sugar, grains (rice & wheat)
The company's diluted earnings per share is $4.09
<h3>What is Diluted Earnings per share?</h3>
A metric known as "diluted EPS" is used to assess how well a company's earnings per share (EPS) would perform if all convertible securities were exercised. The entire circulating supply of convertible preferred shares, convertible debentures, stock options, and warrants are considered convertible securities. Take a company's net income to determine diluted EPS.
Net income - any preferred/ by the sum of the weighted average number of shares outstanding and dilutive shares (convertible preferred shares, options, warrants, and other dilutive securities).
$5000-$500/1,100= $4.09
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Answer: Two elements in scarcity
Explanation: 1. Our wants 2. Our wants to fulfilling our wants.
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