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ZanzabumX [31]
3 years ago
6

Dove, Inc., had additions to retained earnings for the year just ended of $637,000. The firm paid out $70,000 in cash dividends,

and it has ending total equity of $7.32 million. a. If the company currently has 690,000 shares of common stock outstanding, what are earnings per share
Business
1 answer:
Viktor [21]3 years ago
8 0

Answer:

the earning per share is $1.02

Explanation:

The computation of the earning per share is shown below;

Earnings per share = (additions to retained earnings + cash dividends) ÷ (No of common stock outstanding )

= ($637,000 + $70,000) ÷ $690,000

= $1.02

hence, the earning per share is $1.02

We apply the above formula so that the correct per share value could come

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Suppose the price level and value of the U.S. Dollar in year 1 are 1 and $1, respectively. Instructions: Round your answers to 2
Nookie1986 [14]

Answer:

0.74

Explanation:

Data provided  in the question

Price level = 1.35

According to the given situation, the computation of the new value of the dollar is shown below:-

The New value of the dollar = 1 ÷ Price level

= 1 ÷ 1.35

= 0.74074

or

= 0.74

Therefore for computing the new value of the dollar we simply applied the above formula.

3 0
3 years ago
If a company produces many different products, it will develop a standard cost for each type of product. true false
saveliy_v [14]

True. A company will develop a standard cost for each product type if it produces many different products.

The process cost system should be used when manufacturing is efficient and continuous. This system's equivalent units method successfully represents the challenging problem of determining how much work the Work in Process entails.

Process costing explains how to use the concept of equivalent units to assign manufacturing costs to the units produced. Businesses may create and market various goods, or at the very least, multiple versions of the same product. Most of the time, manufactured goods are connected in terms of consumption or production. The firm's output and pricing decisions must consider the relationships between the items when they are related.

Learn more about Standard Cost here:

brainly.com/question/14754704

#SPJ4

4 0
2 years ago
A clause which provides for deeds to portions of land to be conveyed as certain percentages of the contract price are paid, is :
Sedaia [141]

Answer: partial release clause

Explanation:

The partial release clause is regarded as a clause which provides for deeds to portions of land to be conveyed as certain percentages of the contract price are paid.

The partial release clause simply states that when the balance on a mortgage has been paid to a particular amount, the lenders will have to release a parcel.

4 0
3 years ago
Roger is an executive of a multinational tractor manufacturing company. while representing the company at conferences and meetin
cricket20 [7]

This communication style is called <u>"leadership storytelling".</u>

Storytelling is a key leadership technique since it's fast, intense, free, normal, reviving, stimulating, community, convincing, all encompassing, engaging, moving, significant and true. Stories enable us to understand associations.  

Storytelling is in excess of a fundamental arrangement of apparatuses to complete things: it's a route for pioneers – wherever they may sit – to exemplify the change they look for.

3 0
3 years ago
The Alford Group had 260,000 shares of common stock outstanding at January 1, 2021. The following activities affected common sha
shepuryov [24]

Answer:

1.EPS 2021 = net icome / no of shares =$1,419,000/ 284000 =4.99 = 5

2.EPS 2022 = $1,419,000/ 852000 = 1.67 = 2

3.EPS will be shown as $5

Explanation:

Number of shares= 260000

issued shares = 24000

shares at the end 2021 = 284000    

New issue 284 000*2/1 = 568000

shares at the end 2022 = 852000

8 0
3 years ago
Read 2 more answers
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