Answer:
Basic earnings per share = $1.7
Diluted earnings per share = $1.03
Explanation:
Basic earnings per share = (Net Income - preferred dividends)/Weighted average shares outstanding
Basic earnings per share = (1,060,000-108,000)/560,000
Basic earnings per share = $1.7
Diluted earnings per share = [Net Income - preferred dividend]/(outstanding shares+Diluted Shares)
Diluted earnings per share = (1,060,000-108,000) / (560,000+360,000 )
Diluted earnings per share = $1.03
Answer:
The answer is below.
Explanation:
The z score is a used in statistics to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:
a) Given that n = 100, μ = 2000, σ = 18
For x < 1995 millimeters:
From the normal distribution table, P(x < 1995) = P(z < -2.78) = 0.0027
b) P(z > z*) = 10% = 0.1
P(z < z*) = 1 - 0.1 = 0.9
z* = 1.28
From the normal distribution table, P(z < z
The answer to this question is: Effective manager
in business, effectiveness refers to the ability for a person to make use of all resources that available to him/her in order to accomplish the goal.
This trait is considered as the most desired trait that most of the shareholders seek when they're choosing the leader for their company.
Answer:
$22,000
Explanation:
The original cost of the car was : $26,000
The fair market value of the car was : $12,000
The car was bought at a price higher than its fair market value by :
$26000-$12000 = $14000
She exchanges the car for $18000 to get a new one;
The loss while selling the car is : $26000-$18000=$8000
Total loss realized is : $14000 +$8000 = $22,000
