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RideAnS [48]
3 years ago
5

Ten years ago, Lucas Inc. earned $0.50 per share. Its earnings this year were $5.00. What was the growth rate in earnings per sh

are (EPS) over the 10-year period?
Business
1 answer:
liberstina [14]3 years ago
3 0

Answer:

25.89%

Explanation:

With regards to the above information, initial earning = $0.50

Final earnings = $5.0

Number of periods = 10 years

We can formulate the above into an equation, which will now be:

$5.00 = $0.5 ( 1 + rate )^ 10

We can simplify furthermore.

1 + rate ^ 10 = 5 / 0.5

1 + rate ^ 10 = 10

1 + rate ^ 10 = 10^1/10

1 + rate = 10 ^ 0.1

1 t rate = 1.2589

rate = 1.2589 - 1

rate = 0.2589

rate = 25.89%

Therefore, the growth rate in earnings per share (EPS) over the 10 year period is 25.89% .

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c

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2 years ago
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A broker listed a $75,000 property and the agreement read that the owner would NOT take more than a 25% cash offer. The broker p
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Answer:

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Explanation:

The correct answer is  - No,

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3 years ago
A private university offers graduate assistantships to qualified students each year. In exchange for the waiver oftuition, gradu
alina1380 [7]

Answer:

A. tuition revenues of $4,000 and expenditures of $4,000.

Explanation:

If the student is not employed as a graduate assistant required to assist faculty members with research and other activities, we will have one:

a. The student will have to pay $4,000 tuition. This is a revenue to the university.

b. The private university will employ a research assistant and pay him $4,000. This an expenditure to the university.

Therefore, this transactions have to be required as highlighted in a. and b. above to track the actual revenue and expenditure implication of the waiver despite cash does not exchange hands.

7 0
3 years ago
Your ___________ is what you can see without the presence of an obstruction. Line-of-sight Stopping distance Operating space Dis
sineoko [7]

The correct answer should be Line of sight.

What then is your Line of sight?

Your line of sight is the noticeable path of travel from your vehicle to your destination area. This line can be obstructed by a curve, a hill, high-forest wooded zones, large truck or other obstruction that prevents drivers from seeing the vehicle ahead. Therefore, if you cannot see around an obstruction, you should slow down and be willing to adjust your position until you can reestablish a clear line of sight to your path of travel and targeting area.

3 0
2 years ago
Mcdougald Corporation is a service company that measures its output by the number of customers served. The company has provided
ANEK [815]

Answer:

The spending variance for "Employee salaries and wages" for March would have been closest to $1,200F .

Explanation:

Customers served (q)

Employee salaries and wages ($58,400 + $1,000q)

The spending variance for "Employee salaries and wages" for March would have been closest to

         Actual Results      Flexible Budget     Revenue and Spending Variances

(q)          26                 26      

($58,400 + $1,000q) $ 83,200 $ 84,400    $1,200F

6 0
3 years ago
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