Answer:
The earnings per common share amounted to $2.53
Explanation:
Solution
Given that:
The Net Income for 2021= $442000
Thus,
The Dividend to be accrued on Preference shares for 2021 = 1200 *7% * 100
= $8400
The Earnings available to common share-holders for 2021 =$442000-$8400
= $433600
The number of common shares outstanding is = 171000 shares
So,
The Basic Earnings per share = 433600/171000
= $2.53
<span>Erin is under stress s</span>he has only a few minutes to make a connection at a large, busy airport—and the gate is in another terminal! erin's ADRENAL gland is probably releasing hormones.
When you earn college credit from courses you take in high school, you don't have to retake that course in college. Therefore, you might be able to graduate early and pay less tuition.
A. don't have to pay as much for tuition
Answer:
Using the units-of-production method, the amount of depreciation expense would the company report in the income statement prepared for the year-ended October 31, 2018 = $ 228899
Explanation:
Given
Acquisition Cost of Equipment = $ 517,000+ $ 16700= $ 533,700
Total units of production= 29,700 hours
Residual Value = $ 6700
Units of Production= 12,900 hours
Formula:
Depreciation per unit= (Cost -Salvage value) / Total units of production* Units of Production
Depreciation per unit= ($ 533,700 - 6700/ 29700)*12900
Depreciation per unit=($ 52,7000 / 29700)*12900
Depreciation per unit=( 17.744)*12900
Depreciation per unit= 228898.98= $ 228899
As units of production are given we do not need to calculate it for half year. The depreciation is calculated for units of production.
Answer:
The correct aswer is B) 20 million shares.
Explanation:
The issuance of shares is widely used by companies when it comes to seeking capital, that is, to capitalize. The initial issuance of shares is known as "primary placement." Once the first issue is finished, the company may continue to issue shares as a way to increase its capital.
In the case described, regardless of the shares that are put up for sale, the minutes clearly state that the maximum number that can be sold is 20 million. When the information is updated in the future, this value will change.
