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marissa [1.9K]
3 years ago
15

Toronto Corporation's financial statements include the following information: Cash $ 6,100 Net Credit Sales $315,000 Accounts re

ceivable 52,000 Cost of Goods Sold 210,000 Merchandise inventory 92,800 Net Income $ 56,000 Prepaid Expenses 12,600 Total Current Assets $163,500 Total Current Liabilities $ 65,400 Total Stockholders' Equity $200,000 Assuming that 50,000 shares of common stock were outstanding, and the company had no preferred stock outstanding. What is the Earnings per Share (EPS) for Toronto Company: $6.30 $1.12 $4.00 $3.27
Business
1 answer:
eimsori [14]3 years ago
7 0

Answer:

nhfgbtrg

Explanation:

nhgnrf

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Theresa Nunn is planning a 30-day vacation on Pulau Penang, Malaysia, one year from now. The present charge for a luxury suite p
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Answer:

Kindly check explanation

Explanation:

Given the following :

Present charge = 1045 per day

Trade price of RM = $3.1350/$

Malaysian inflation rate(mr) = 2.75% = 0.0275 per annum

US inflation rate (ur) = 1.25% = 0.0125 per annum

a. How many dollars might Theresa expect to need one year hence to pay for her 30-day vacation?

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= $1045 * 1.0275 * 30

= $32212.125

Cost for 30 days considering inflation / [Trade price * (1 + mr) / (1 + ur)]

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$32212.125 / 3.1814444

= $10125.000

b.) By what percent will the dollar cost have gone up? Why?

Dollar cost would have gone up by 1.25%, this is inferred from the inflation rate of the United States currency, which is the rate which will affe the cost of dollar.

8 0
4 years ago
Match the types of databases to their meanings
Galina-37 [17]
You need to modify your questions
5 0
4 years ago
Assume that Global Cleaning Service performed cleaning services for a department store on account for​ $180. How would this tran
tamaranim1 [39]

Answer:

(B) Increase both assets and equity by $180

Explanation:

The transaction analysis model tells us that:

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Owner's equity = Contributed Capital + Retained Earnings

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and

Net Income = Income − Expenses

The expanded accounting equation is obtain if all substitutions are made:

Asset = Liabilities + Contributed Capital + Income – Expenses − Dividends

In the Global Cleaning Service`s case:

Assets are increased either because the service is collected or is an account receivable. As the service provided is a revenue (income) is part of the Owner's Equity that also increase. Both, Asset and Owner's Equity, increase in 180.  

7 0
3 years ago
Which of the following would not be an ethical problem created by employee relationships
Volgvan

Answer:

The correct answer is letter "B": Investors expecting a return on their investment regardless of the cost.

Explanation:

<em>Ethical employee relationships</em> arise when one worker does not show his or her personal values affecting another employee. It is the result of the interaction between them that could lead to the violation of the Code of Ethics of the company.

Thus, <em>if investors expect returns on their investments, there is no employee conflict in that situation, ethical or not.</em>

6 0
4 years ago
Consider Frank’s decision to go to college. If he goes to college, he will spend $21,000 on tuition, $1,800 on books, and $11,
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Answer:

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Finally, the opportunity cost of going to college is the result of adding the total cost of college plus the net income that she would receive if she works instead of going to college.

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