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Georgia [21]
4 years ago
7

Marigold Corp. had 302000 shares of common stock issued and outstanding at December 31, 2017. No common stock was issued during

2018. On January 1, 2018, Marigold issued 202000 shares of nonconvertible preferred stock. During 2018, Marigold declared and paid $105000 cash dividends on the common stock and $83000 on the preferred stock. Net income for the year ended December 31, 2018 was $626000. What should be Marigold's 2018 earnings per common share? (rounded to the nearest penny)
Business
1 answer:
Paul [167]4 years ago
4 0

Answer:

EPS = 1.077

Explanation:

302,000 shares at december 31th, 2017

202,000 issued

504,000 total

(net income - preferred stock dividends) / common stock

(626,000-83,000 ) /  504,000 = EPS = 1.077380952 = 1.077

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Harvey Corporation is studying a project that would have a ten-year life and would require a $450,000 investment in equipment wh
kakasveta [241]

Answer:

3 years

Explanation:

The formula to compute the payback period is shown below:

= Initial investment ÷ Net cash flow

where,  

Initial investment is $450,000

And, the net cash flow = annual net operating income + depreciation expenses

= $105,000 + $45,000

= $150,000

Now put these values to the above formula  

So, the value would equal to

= ($450,000) ÷ ($150,000)

= 3 years

8 0
3 years ago
Write an essay about unemployment/retrenchment and globalisation
galina1969 [7]
I can help you write your essay.

Unemployment

- define unemployment

- What results because of unemployment

- why does unemployment happen?

- when does unemployment happen?

- Who are the most unemployed people? Why?

- research information about unemployment

retrenchment

- define retrenchment

- what causes retrenchment to happen?

- How does retrenchment affect society


Globalisation

- define globalisation

- What happens during globalisation?

- Is globalisation a good or bad things? What does it impact?

Please vote my answer branliest! Thanks.
8 0
3 years ago
Which of the following is a disadvantage of being a private limited company?
inysia [295]
The most likely answer here is B
6 0
3 years ago
Tom is responsible for ordering hardware for a custom home his company is building. The contractor installing the hardware is sc
Vilka [71]

Answer:

A

Explanation:

Free slack can be described as the total amount of time a project can be delayed without affecting the project's completion time . Tom and the contractor share a slack time of 10 days

Total slack measures the total amount of time a project can be delayed before the project's completion.

Functional slack measures the amount of time that each activity in a project can be delayed without affecting the project's completion time.

4 0
3 years ago
When can interest be included in the acquisition cost of a plant asset?
hammer [34]

Answer:

a. during the the construction period of a self-constructed asset

Explanation:

"Determining the cost of constructing a new building is often more difficult. Usually this cost includes architect’s fees; building permits; payments to contractors; and the cost of digging the foundation. Also included are labor and materials to build the building; salaries of officers supervising the construction; and insurance, taxes, and interest during the construction period."

Reference: Porter, Debbie, and Tidewater Community College. “Principles of Accounting I.” Lumen, 2019,

7 0
4 years ago
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