All categories

3 years ago

Meyers, Inc. presented the following data:

Business

1 answer:

nirvana33 [79]3 years ago

6 0

Answer:

d. 1,990.

Explanation:

The computation of the denominator that should be used for determining the basic EPS is as follows:

Outstanding shares Oustanding months Equivalent units

2,000 (9 ÷ 12) 1,500

(1,000 × 2)

1,800 (1 ÷ 12) 150

(2,000 - 200)

$2,040 (2 ÷ 12) 340

(1,800 + 240)

Total shares 1,990

You might be interested in

Given the following data: Average operating assets $ 504,000 Total liabilities $ 23,520 Sales $ 168,000 Contribution margin $ 85

kipiarov [429]

Answer:

Explanation:

According to the given situation, the solution of return on investment is shown below:-

Return on investment = (Net operating income ÷ Average operating assets) × 100

now, we will put the values into the above formula

= ($45,360 ÷ $504,000) × 100

= 0.09 × 100

= 9%

Therefore for computing the return on investment we simply applied the above formula.

7 0

3 years ago

Xugo hit tht new rank ;0<br> good job bby

Ne4ueva [31]

Hello!

Um, Okay...

Good Job, for you bby hit a new rank...

Have a great day!

#LearnWithBrainly

$Answer$ :

- TanakaBro

Plus, here is a anime image that might make your day happy. . .

8 0

2 years ago

Pedro wants to open his own business. To get a loan for the business, the bank needs him to give them some collateral. What is a

elixir [45]

Answer:

see below

Explanation:

Collateral refers to a valuable asset that a borrower offers to a lending institution to guarantee that they will repay the requested loan. Usually, collateral has a higher value than the loan amount. Collateral reduces the risk to the lender, which translates to lower interest rates.

Examples of assets that Pedro can use as collateral include.

1. Motor Vehicles

2. Properties such as land and Buildings

3. Machinery and equipment

4. Inventory

6 0

3 years ago

Lynn Ally, owner of a local Subway shop, loaned $40,000 to Pete Hall to help him open a Subway franchise. Pete plans to repay Ly

Juliette [100K]

Answer:

Lynn will receive $63,754 at the end of 8 years.

Explanation:

Future value is the sum of value of principal invested and compounded return received over the investment period.

Using following formula of future value to calculate the required interest rate.

FV = PV x ( 1 + r )^n

PV = Present value = $40,000

n = number of years = 8 years

r = Interest rate = 6%

FV = Future value = ?

FV = $40,000 x ( 1 + 6% )^8 = $63,754

8 0

3 years ago

Read 2 more answers

In many larger U.S. based firms the __________ matches the overall strategy of the firm and reinforces the __________ emerging f

dimulka [17.4K]

Answer:

reward system; culture

Explanation:

Reward systems in an organization provide evidence of the culture practices of that organization. Reward schemes represent the values and norms of the company that people follow or promote.
Culture is regarded as an expression of organizational values that guide the organization and groups to advance in positions of power. The concept of performance standards and reward planning (key elements of the reward system) comes from the organizational culture.
Many researchers and practitioners have observed the interdependence between organizational culture and reward systems. The reward system develops from the cultural changes that take place in the everyday events of organizational life.

6 0

3 years ago