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Svetllana [295]
2 years ago
15

Getaway Travel Company reported net income for 2021 in the amount of $68,000. During 2021, Getaway declared and paid $18,000 in

cash dividends on its nonconvertible preferred stock. Getaway also paid $28,000 cash dividends on its common stock. Getaway had 58,000 common shares outstanding from January 1 until 28,000 new shares were sold for cash on July 1, 2021. A 2-for-1 stock split was granted on July 5, 2021. What is the 2021 basic earnings per share
Business
1 answer:
Lynna [10]2 years ago
4 0

Answer:

$0.35 per share

Explanation:

According to the scenario, computation of the given data are as follows,

Net income = $68,000

Preferred cash dividend = $18,000

So, we can calculate the basic earning per share by using following formula,

Basic Earning per share = ( Net income - Preferred cash dividend) ÷ Outstanding common shares

= ($68,000 - $18,000) ÷ [( 58,000 × 2) + (28,000 × 2 × 6/12)

= $50,000 ÷ [ 116,000 + 28,000]

= $50,000 ÷ 144,000

= $0.35 per share

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Answer:

C) ​$6.25 million

Explanation:

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A worker’s utility function is:

Utility = f (w, risk of injury)

Dahlia's safe job utility function = f(60000, 0.0002)

Dahlia's riskier job utility function = f(65000, 0.001)

A 400% increase in risk will increase Dahlia's salary by $5,000,

When you are using the compensation differential approach, you can determine the value of a life by dividing the compensating differential by the increased chance of death.

($65,000 - $60,000) / (1/1000 - 1/5,000) = $5,000 / 0.0008 = $6,250,000

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Is Starbucks bucking the trend of other food-service stores?
Bond [772]
Mhm yeah I think soooo lol
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Based on the scenario, the individual can still order Nancy Penley to work on Saturday despite of her reason that it is her regular religious holiday because the individual can order her to work if there is no reasonable accommodation that could be made and by that, the individual can make or order her to work the following day.
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3 years ago
What type of decisions affect how the firm is run from day to day; they are the domain of operations managers, who are the close
LenaWriter [7]

Answer:

(1) Operational planning decisions affect the day to day running of the organization.

The closest to the customer, are the client facing staff, they are mostly personnel in sales, marketing, and customer service.

Strategic objectives are usually statements, that an organization intends to achieve over a long period of time. The purpose of strategic objective is to show how an organization plans to achieve it's major goal as a business.

(2) Business planning is in three (3) levels, namely:

(i) Operational Planning

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Difference between a Strategic Plan and an Operational Plan:

Strategic planning shows  an organizational long term plan, and are usually developed by senior level managers (CEOs, Executive Directors, and Company Presidents).

Operational planning shows an organization short term plan, they are very much concerned with the day to day running of the business.

Explanation:

(1) Operational planning decisions affect the day to day running of the organization.

The closest to the customer, are the client facing staff, they are mostly personnel in sales, marketing, and customer service.

Strategic objectives are usually statements, that an organization intends to achieve over a long period of time. The purpose of strategic objective is to show how an organization plans to achieve it's major goal as a business.

(2) Business planning is in three (3) levels, namely:

(i) Operational Planning

(ii) Tactical Planning

(iii) Strategic Planning

Difference between a Strategic Plan and an Operational Plan:

Strategic planning shows  an organizational long term plan, and are usually developed by senior level managers (CEOs, Executive Directors, and Company Presidents).

Operational planning shows an organization short term plan, they are very much concerned with the day to day running of the business.

3 0
3 years ago
Which statements best describe how governments respond to changes in the business cycle? Check all that apply.
Harman [31]

The correct answer is 2 and 5.

(i) Government refuses to pass budget.

(ii) Government manipulates interest rates.

Another name for business cycle is economic  cycle. The upward and downward movement which is of gross domestic product.

We measure business cycle by way of considering growth rate of real gross which is of domestic product.

7 0
3 years ago
Read 2 more answers
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