Answer:
$3.33 per share
Explanation:
Given that,
Common stock, $1 par = $1,040,000
Stock dividend = 25% on its common stock
Net income = $4,400,000
Dividend paid to stockholder's = $65,000
Stock dividend:
= Shares at January 1 × 25%
= 1,040,000 × 25%
= 260,000 shares
Earnings per share:
= (Net income - Preferred dividend) ÷ (Shares at January 1 + Stock dividend)
= ($4,400,000 - $65,000) ÷ (1,040,000 shares + 260,000 shares)
= $4,335,000 ÷ 1,300,000
= $3.33 per share
1548
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Answer: Bill should analyze his current situation and evaluate the level of resources he has in present.
Explanation: In the given case, Bill has 100 herd and 100 acres of his farm for pasturisation, since the question is asking the advice from the aspect of a sociologist so the cost - profit analysis will not be taken into consideration.
As per a sociology approach of decision making, Bill should evaluate the capacity of his land for carrying out the operations and should set aside more land if he wants to increase the level of his activities.
Answer:
$48,000
Explanation:
The computation of the corporation debt is shown below:
Since the asset is increased by 20%
The present asset is $100,000
ANd, the increased assets is
= $100,000 + $100,000 × 0.20
= $100,000 + $20,000
= $120,000
Now the debt is
= $120,000 × 0.4
= $48,000
hence, the last option is correct
