<span>Which of the following is an advantage of increasing your market share? </span>C. Building your reputation When you have a good product, quantity and value are set at a rate that is important to the consumer, they are more likely to purchase your product. When the product meets their expectations, this set a good foundation to build the company's reputation on.
Answer:
Ne Income 425
Explanation:
Revenue 2000
Salaries 1325
Travel expenses 250
Net Income 425
The cash basis is a method of recording accounting transactions for revenue and expenses only when the corresponding cash is received or payments are made
Answer:
$3.02 per share
Explanation:
The computation of the earning per share is shown below:
we know that
Earnings per share = (Net income - preferred dividend) ÷ Weighted average outstanding common shares
= ($2,150,000 - $70,000) ÷ 688,000 shares
= $3.02 per share
<u>Date Particulars No. of shares
</u>
01/01-31/12 610000 × 12 ÷ 12 (610000 × 1.04) $634,400
28/02-31/12 63000 × 10 ÷ 12 (52500 × 1.04) $54,600
01/07-31/12 (2000) × 6 ÷ 12 -$1,000
Weighted average outstanding common shares 688,000
