Answer:
new earnings per share is $1.53
Explanation:
Given data
excess cash = $300
Equity is worth = $5,000
other assets = $6,200
stock outstanding = 500 shares
net income = $720
to find out
new earnings per share
solution
we know that equity per value is Equity / stock outstanding
that is
equity per value = (5000 / 500) = 10
equity per value = $10
and
we can purchase equity with excess cash $300 that is
= excess cash / equity per value
purchase equity with excess cash = (300 / 10) = 30
purchase equity with excess cash = 30 shares
so
after repurchase we have balance share is = (500 - 30) = 470
balance share = 470 shares
so that
new earnings per share will be = net income / balance share
new earnings per share = (720 / 470) = 1.53
new earnings per share is $1.53
False imprisonment seems like the most likely answer in this scenario if she had to sue for one of the three. She definitely can't sue for assault or battery because no threats were made nor was physical harm dealt.
Answer and Explanation:
The computation is shown below:
1.
Selling Price = Sales ÷ Units Sold
Current Selling Price = $385,000 ÷ 5500
= $70
Now
Expected Selling Price per unit = $70 + ($70× 10%)
= $77
Now
Expected Sales = 5500 × $77
= $423,500
Now
Net Income = Sales - Variable Cost - Fixed Cost
= $423,500 - $250,000 - $94,000
2.
Sales = $385000
Variable cost = $385,000 × 56% = $215,600
Sales $385,000
Less: variable cost -$215,600
Contribution Margin $169,400
Les: fixed cost -$94,000
Net Income $75,400
As we can see that if there is an increase in Selling Price by 10% so it would produce highest Net Income.
The US internal revenue service taxes the taxable income of corporations as well as the taxable investment income of the firms’ shareholders' double taxation of dividends.
Revenue is the entire quantity of income generated by means of the sale of products or services related to the organization's number one operations. Revenue, additionally known as gross income, is regularly known as the "top line" as it sits at the pinnacle of the income declaration. Profits, or net earnings, are an agency's general profits or income.
In accounting, revenue is the entire quantity of profits generated by using the sale of goods and services related to the primary operations of the business. commercial sales will also be known as income or as turnover. Some corporations get hold of sales from interest, royalties, or different expenses.
Whilst comparing sales vs income you have to understand that “sales” refers to the total amount of cash a company generates before getting rid of any fees. “income”, then again, is equal to sales minus the fees of doing commercial enterprise, which include depreciation, hobby, taxes, and other expenses.
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