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nevsk [136]
2 years ago
14

Green Thumb Nursery has 53,000 shares outstanding at a market price of $63.57 per share. The earnings per share are $3.57. The f

irm has total assets of $362,000 and total liabilities of $207,000. Today, the firm announced a share repurchase for $117,000 of its stock. What is the earnings per share after the repurchase
Business
1 answer:
mamaluj [8]2 years ago
6 0

Answer: $3.70

Explanation:

Earnings per share = Net income / Number of shares

Net income = Earnings per share * Number of shares

= 3.57 * 53,000

= $189,210

The number of shares that Green Thumb bought back is:

= Stock repurchase amount / Market price of shares

= 117,000 / 63.57

= 1,840 shares

After the repurchase the number of shares is:

= 53,000 original shares - 1,840

= 51,160 shares

New EPS = 189,210 / 51,160

= $3.70

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They perform a " waggle dance" to indicate the direction of the hive and also to tell them how to get to flowers- it's sort of like a map for them
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3 years ago
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Why should games be forbidden on school property
PIT_PIT [208]

Answer:

Explanation:

Games on school property redirect the attention of the students to the games, instead of learning. They cause further disobedience and will often be snuck out to play during class. The students will be distracted and will not learn anything from the time spent in school.

6 0
3 years ago
In an hour, Henry can wash 20 windows or clean 2 bath tubs. In an hour, Rose can wash 30 windows or clean one bath tub. If their
marysya [2.9K]

If their father Dave allows them to trade chores to achieve gains from trade then "Henry will clean bath tubs; Rose will wash the windows".

<u>Option: C</u>

<u>Explanation:</u>

In this scenario Henry is washing 20 windows or 2 bath tabs in an hour, which showcase his average washing of 10 windows over 1 bath tab in half hour. While here Rose is washing 30 windows or 1 bath tab in an hour by giving average of 15 windows over half bath tab in half hour, which is less than Henry's average of washing.

Thus on considering the above average of work performed by Henry and Rose in equal amount of given time for work, Henry is more prominent to be specialized in cleaning bath tubs while Rose will more expert in washing windows because she is cleaning more windows than Henry in same on hour of time.

6 0
3 years ago
A company is completing its annual impairment analysis of the goodwill included in one of its cash generating units (CGU). The r
Hitman42 [59]

Answer:

a) Decrease goodwill by $13,000

Explanation:

In IFRS, whenever recoverable amount of a cash generating unit is less than the carrying amount, an impairment loss is recognized. After calculating an impairment loss, it is then allocated to the carrying amount of Cash generating unit's goodwill.

Impairment loss in this case is = Total carrying amount - Recoverable amount of CGU = $45,000 - $32,000 = $13,000. Hence, the impairment loss will be allocated to the carrying value of the goodwill, leading to decrease in goodwill by $13,000.

4 0
2 years ago
Quinn is upset but tries not to cry during a discussion with her boss. she doesn't want to be labeled or judged for getting so u
Rudiy27

This statement quoted shows the examples of employees possessing managerial behavioral skills like Stress Management.

Explanation:

Quinn may experience the pressurized work on the working campus. As a lady, She also cannot able to bear such imbalance form of mental upset in the daily activities. She needs to balance both her personnel life as well as her employment operations. In this case, She wants to console herself not to compromise with her work and henceforth she tries to avoid weeping in front of her boss.

It is finely called as Stress Management in which she tries to normalize herself with the activities of not giving much attention towards her work overload and also she tries to interact more with the boss during the time of the meeting and makes her ready to move on to another move by getting the proper order of instructions from the boss.  

3 0
3 years ago
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