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Marina86 [1]
3 years ago
8

Maxwell Corp. is coming to the market with a new offering of 450,000 shares of stock at $22 to the public. Maxwell will receive

$19 per share. The firm has one million shares outstanding and earnings of $6 million before recording the new issue. What is the amount of dilution in earnings per share
Business
1 answer:
kramer3 years ago
7 0

Answer:

$1.86

Explanation:

Earnings per Share = Earnings Attributable to Holders of Common Stock  ÷ Common Stock Outstanding

Old Earnings Per Share

Earnings per Share = $6,000,000 ÷ 1,000,000 = $6.00

New Earnings Per Share

Earnings per Share = $6,000,000 ÷ 1,450,000 = $4.14

Dilution in earnings per share = $6.00 - $4.14 = $1.86

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Select the correct answer.
TEA [102]
I would say C is the answer bc that’s would i would do in that situation.
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2 years ago
Summarize the consequentialist arguments for and against affirmative action.
bearhunter [10]

Answer:

Explanation:

Arguments supporting Affirmative Action:

1) Affirmative action is a method that ensure the diversity is obtained and maintained in schools and workplaces. Moreover, it also helps to create tolerant communities therefore, it exposes people to a variety of cultures and ideas that are different from their own.

2)Affirmative action assists disadvantaged people that come from areas of the country where opportunities are limited  be able to advance and they otherwise could not. In other words, it bestows everybody the same playing field.

3)Affirmative action is for  to help by compensating to some races who are"started late in the race" , due to many years of oppression, and it also helps level the playing field.

Arguments against Affirmative Action:

1) Affirmative Action can be described as reverse discrimination. More specifically, past discrimination against some minority groups does not justify existing discrimination against them.

2) It weakens the notion of meritocracy and instead weakens races as a dominant factor in recruitment and recruitment procedures. Regardless of the situation, the best people for the position should be placed there.

3) Students / staff involved in the approval process are often not fully prepared for the assignment.

4) Affirmative Action strengthens stereotypes and racism compared to the previous point. People who give a position almost positively because of their activity are often unsuitable and the idea that all people in this race are "stupid" is endless.

5) People of different races or ethnic backgrounds do not need to have differences of opinion in the workplace / university. People with the same skin color are not necessarily the same in terms of vision or culture.

4 0
3 years ago
You are evaluating a proposed expansion of an existing subsidiary located in Switzerland. The cost of the expansion would be SF
Marysya12 [62]

Answer:

Explanation:

First we need to calculate the expected spot rates for the next 5 years using IRP....

Please Kindly go through the attached files for how this and other questions you require answers to are solved step by step.

7 0
4 years ago
It would be acceptable to have the selling price of a product just above the variable costs and expenses of making and selling i
Gnoma [55]

Answer:

B.both the short run and long run.

8 0
3 years ago
Read 2 more answers
Franklin Templeton has just invested $8,860 for his son (age one). This money will be used for his son’s education 18 years from
luda_lava [24]

Answer:

Future value (FV) = $57,908

Present value (PV) = $8,860

Number of years (n) = 18 years

Interest rate = ?

FV = PV(1 + r)n

$57,908 = $8,860(1 + r)18

$57,908 = $8,860(1 + r)18

<u>$57,908</u> = (1 + r)18

$8,860

6.535891648 = (1 + r)18

18√6.535891648 = 1 + r  

1.10993 - 1 = r

r = 0.10992 = 10.99%

Explanation:

In this case, we will apply the future value of a lump sum (single investment) formula. The present value, future value and number of years are given with the exception of interest rate. Thus, interest rate is made the subject of the formula.

8 0
3 years ago
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