Answer:
Ornaments, Inc.
In a recession, the EPS is $2.13 per share.
Explanation:
a) Data and Calculations:
Normal Recession Boom
EBIT $73,000 $65,700 (10% lower) $87,600 (20% higher)
Taxes (40%) 29,200 26,280 35,040
Net income $43,800 $39,420 $52,560
EPS = $2.37 $2.13 $2.84
= Net Income/18,500 or (EBIT -(1 - 40%))/Outstanding shares
EPS = Earnings per share. It is computed by dividing the net income by the number of outstanding shares. It indicates how much dollars Ornaments, Inc. makes for each share held by a common stockholder.
Answer:
The correct word for the blank space is: Inconsistency.
Explanation:
In an attempt of making a service into a product, we can identify four (4) characteristics those services must meet: <em>intangibility, inconsistency, inseparability, </em>and<em> inventory</em>. The inconsistency characteristic refers to services being different one from another because they are provided by people which implies even if the service might be standardized the way it is provided will not always be the same.
Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment (PV)= $3,400
Interest rate (i)= 5% = 0.05
Number of years= ?
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
<u>For example:</u>
n= 10 years
FV= 3,400*(1.05^10)
FV= $5,538.24
n= 8 years
FV= 3,400*(1.05^8)
FV= 5,023.35
Answer:
Explanation:
So, the hypothesis is:
H0 : p = .48 versus Ha : p≠ .48
check the picture attached for more explanation