Answer:
B. $7.58
Explanation:
earnings per share = (net income - preferred dividends) / weighted average of shares outstanding
shares outstanding:
January 1: 100,000 x 12/12 = 100,000
October 1: -20,000 x 3/12 = -5,000
weighted average = 95,000
EPS = $720,000 / 95,000 = $7.5789 =$7.58
Stock options are not included in the basic EPS calculation.
A strategic alliance is a partnership in which two or more companies (often from different countries) join together and share the risk and costs in order to undertake a major project. Although the parties still operate as separate entities they have a partnership to accomplish their goals. These are mutually beneficial to all involved, collaborating together, but maintaining their own business allows them to both succeed.
D. Suppose that the government imposes a tax on the oil refiner that makes the oil refiner pay twice per unit of output produced. is there T that induces the Pareto efficient level of o
<span>Free trade refers to a situation where the government doesn't restrict what goods and services it's citizens can purchase or sell to another country. taxes are not imposed on goods that are produced and sold within a country goods and services are offered for free to the citizens by a government a government does not try to influence what its citizens can buy from global markets firms that function in a country are not taxed on the profits that they generate</span>
