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RoseWind [281]
3 years ago
10

Peak Performance Sporting Goods Company continues to perform well. Company executives credit this to the strong partnerships it

enjoys with category killer and large discount chains. Last week Peak Performance reported basic EPS [earnings per share] = $.80/share. If the firm has 4,000,000 shares outstanding, net income after taxes for the same period =
Business
1 answer:
amid [387]3 years ago
3 0

Answer:

$3,200,000

Explanation:

The net income after taxes (NIAT) is determined as the product of the basic earnings per share (EPS) by the number of shares outstanding.

Since Peak Performance Sporting Goods has an EPS of $0.80 per share and 4,000,000 shares outstanding, their net income after taxes, for this period is:

NIAT = \$0.80 *4,000,000\\NIAT = \$3,200,000

Net income after taxes for the same period = $3,200,000.

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A sales associate employs a licensed personal assistant. The assistant will prepare CMAs, design property flyers, hold open hous
strojnjashka [21]

Answer:

A) the associate may pay the salary and withhold taxes, but the broker must pay commissions.

Explanation:

The sales associate works for the broker and his/her assistant works for him. Therefore the sales associate is responsible for paying the assistant's salary and withhold taxes since he is the employer. But since the assistant will also earn 20 percent of the sales associate's commissions, that should be paid by the broker directly (80% to the sales associate and 20% to the assistant).

7 0
4 years ago
Under the Affordable Care Act, which of these plans is designed to provide coverage that is actuarially equivalent to 80% of the
Yuri [45]

Answer:

The correct answer is a) gold plan

Explanation:

The gold plan, identified as an Obamacare Gold Plan, is a plan that gives a higher grade of coverage, It provides the 80% of the full actuarial value of the benefits provided under the plan.  This means that you only need to pay 20% of your medical expenses in a year.

3 0
4 years ago
The Purchase and sales agreement provides for release of earnest money to the seller after the buyer's property inspection. The
Papessa [141]

The broker should refuse to release the earnest money even after the  seller requested the earnest money prior to the property inspection.

<h3>What is earnest money?</h3>

Earnest money refers to the deposit paid by a buyer to a seller, reflecting the good faith of a buyer in purchasing a home.

It is the money paid to a merchant or seller to complete a contract or money paid to a merchant / seller to show good faith in the transaction.

Hence, the broker should refuse to release the earnest money even after the  seller requested the earnest money prior to the property inspection.

Learn more about earnest money here : brainly.com/question/14342438

6 0
2 years ago
Culture is a system of values and norms shared among a group of people and that when taken together constitute a design for livi
Bas_tet [7]

Answer:

a. True

Explanation:

The above is true because culture constitute a way of life of people who share common value. Culture refers to the beliefs, values and norms among group of people. For instance, in some culture, the male when greeting lay flat on the ground, while the female knee; these actions symbolizes respect for the people whom they are greeting.

Examples of cultural beliefs includes but not limited to tradition beliefs, religion beliefs, social standards etc.

4 0
3 years ago
Bob has a $50,000 stock portfolio with a beta of 1.2, an expected return of 10.8%, and a standard deviation of 25%. Becky also h
4vir4ik [10]

Answer:

Combined Beta =  1

Combined return = 10%

Explanation:

given data

stock portfolio = $50,000

beta = 1.2

expected return = 10.8%

beta = 0.8

expected return = 9.2%

standard deviation = 25%

to find out

combination

solution

we get here first Combined Beta that is express as

Combined Beta = 1.2 × 50% + 0.8 × 50%

Combined Beta =  1

and

Combined return will be here

Combined return = 10.8 × 50% + 9.2 × 50%

Combined return = 10%

5 0
4 years ago
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