Answer:
$2,600
Explanation:
The computation of the balance of Retained Earnings at the end of 2018 is shown below;
= net income - dividend
= $1,200 - $500 + $2,300 - $200 - $0 - $200
= $2,600
We simply deduct the dividend amount from the net income so that the balance of the retained earning could come
Answer:
collection plan
Explanation:
The rent collection plan is a system that is used for the enforcement of rent, in terms of late rent payment as well as lease terms. This is more than just telling the tenant when the rent is due. It has all of the information on all the ways that rent could be paid and also the repercussions for late rent payment or a situation whereby the rent is not even paid at all.
Answer:
β of the stock = 1
Explanation:
Given:
α of a stock = 0%
Return on the market index = 16%
Risk-free rate of return = 5%
Required rate = 11% + 5% = 16%
β of the stock = ?
Computation of β of the stock:
Required rate = Risk-free rate of return + [β (Return on the market index - Risk-free rate of return)]
16% = 5% + [β (16% - 5%)]
16% - 5% = β (16% - 5%)
11% = [β (16% - 5%)
11% = [β (11%)
β of the stock = 1
Answer: $1.51 per share
Explanation:
Here's the question:
Compute Berclair's earnings per share for the year ended December 31, 2021.
Firstly, we.calculate the weighted average number of shares outstanding which will be:
= ( 400 × 12/12 × 1.05 ) - ( 30 × 10/12 × 1.05 ) + ( 5 × 3/12 )
= 420 - 26.25 + 1.25
= 395 million
Then, we calculate the preferred dividend which will be:
= 6 × 100 × 9%
= 6 × 100 × 0.09
= 54 million
Earnings per share will be:
= ( Net income - Preferrred dividend ) / Weighted average number of shares outstanding
= ( 650 - 54 ) / 395
= 596 / 395
= $1.51 per share
Berclair's earnings per share is $1.51 per share
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