Answer:
$5.31
Explanation:
Earnings per share = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding
<em>where,</em>
<u>Earnings Attributable to Holders of Common Stock is :</u>
Net Income $650,000
Less Preference Stock dividend ($71,000)
Earnings Attributable to Holders of Common Stock $579,000
<em>and</em>
<u>Weighted Average Number of Common Stocks Outstanding :</u>
Common Stocks at Beginning outstanding 100,000
Stocks Sold at Weighted Average (18,000 / 2) 9,000
Weighted Average Number of Common Stocks Outstanding 109,000
therefore,
Earnings per share = $579,000 ÷ 109,000
= $5.31
The 2021 basic earnings per share is $5.31.
Answer:
option b is correct
current stock price is $42.64
Explanation:
given data
dividend = $1.75
growth rate = 25% for 2 year
growth rate 1 = 6%
required return 2 = 12%
to find out
current stock price
solution
we will find here first stock price after 2 year that is
stock price = cash flow at 2 year end × ( 1+rate ) / ( rate 2 - rate1 ) ..................1
so here cash flow at 2 year end = 1.75×1.25 = 2.1875
2.1875 × 1.25 = 2.734
stock price = 2.734 × ( 1+ 0.06 ) / ( 0.12 - 0.06 )
stock price = 48.30
so stock price at 0.12 return
= cash flow at 1 year / ( 1+ rate 2 ) + cash flow at 2 year / ( 1+ rate 2 )² + stock price / ( 1+ rate 2 )²
= 2.1875 / ( 1+ 0.12 ) + 2.734 / ( 1+ 0.12 )² + 48.30 / ( 1+ 0.12 )²
= $42.64
so option b is correct
current stock price is $42.64
<span>Let the number of calories from lunch be called L. As such, breakfast is then L + 128, and dinner is 2L - 400. We can then sum the three meals and equate it to the total caloric intake, the known value of 1932.
So:
1932 = L + L + 128 + 2L - 400 = 4L - 272.
Lunch = 551
Breakfast = 551 + 128 = 679
Dinner = 2*551 - 400 = 702</span>
Answer: a. the benefits of adopting the new technology outweigh the costs of switching.
Explanation: Switching costs are defined as those cost the consumer pays as the result of changing brands or products, but can also be manifested in the form of time and effort spent during the switching process, the risk of disruption of business operations during the period of switching etc. and so therefore, switching costs can be monetary, psychological, effort-based, or time-based.
Companies with difficult-to-master products and low competition often times will use high switching costs to maximize profit by typically employing strategies that incur high switching costs on the consumer. Therefore, consumers will bear the costs of switching if the benefits of adopting the new technology outweigh the costs of switching.
