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RoseWind [281]
4 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]4 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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Consider the following situations.
xeze [42]

Answer:

A.$600

B.$100

C. 0.1

Explanation:

Money supply equals to Currency held by the public + Bank reserves÷ Desired reserve-deposit ratio

Hence:

a. Deposits equal bank reserves ÷ by the desired reserve-deposit ratio

= $100/0.25

= $400.

Money supply = currency held by the public + deposits

= $200 + $400

= $600.

b. Let X = currency held by the public = bank reserves.

Thus money supply equals X +X÷ by the desired reserve-deposit ratio

500= X + 0.25

500 = 5X

X=$500/5

X = $100

Currency and bank reserves both equal $100.

c.If the money supply equals $1,250 and the public holds $250 in currency, then the bank deposits must equal $1,000($1,250-$250).

If bank reserves are $100, the desired reserve-deposit ratio

=100/1,000

=0.1

8 0
3 years ago
A house is sold for $105,500 and the commission rate is 6 percent. If the commission is split 60/40 between the selling broker a
laila [671]

Answer: The answer is $ 1266.

Explanation: If the commission rate is 6%

The commission is = 105500. 0.06 = 6330

40% is for the listing broker = 6330. 0.4 = 2532

And half is for his salesperson = 2532/2 = 1266.

The listing salesperson receive from this sale $ 1266.

3 0
3 years ago
Steve and craig have been shipwrecked on a deserted island in the south pacific. their economic activity consists of either gath
ANTONII [103]
The answer for this question is Steve's opportunity cost of a basket of pineapples is two fish while his opportunity cost of a fish is two basket of pineapples while Craig’s opportunity cost of a basket of pineapples is one fish; his opportunity cost of a fish is a basket of pineapples.
5 0
3 years ago
Baggins Incorporated identifies new product development and product improvement as the top corporate goals. An employee develope
Gre4nikov [31]

Answer:

C) goal congruence

Explanation:

Goal congruence refers to an event where the people who are in the various levels shares the similar type of goal. There is an organization design that result in goal congruence and leads to accomplish an organization goal.

So as per the given situation since it is mentioned that the current ROI is % but the product innovation would be predicted to produced ROI of 15% so here the employee bonuses depend upon the goal congruence

Hence, the option c is correct

5 0
3 years ago
Joshua needed money for some unexpected expenses, so he borrowed $5,355.26 from a friend and agreed to repay the loan in seven e
konstantin123 [22]

Answer:

10%

25.14 years

Explanation:

A financial calculator can be used to solve these problems

PMT = $-1,100

PV = $5,355.26

FV = 0

N = 7

Compute I = 10%

PMT = $-25,000

FV =  $1,387,311

I = 6%

PV = 0

Compute N = 25.14 years

8 0
4 years ago
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