1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
adelina 88 [10]
3 years ago
8

Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow:

Business
1 answer:
const2013 [10]3 years ago
4 0

Answer and Explanation:

a. The computation of the earning per share is given below:

As we know that

Earning per share = (Net income - preference dividend) ÷ (average no of common shares oustanding)

For 20Y5

= ($1,508,000 - $60,000)  ÷ 80,000 shares

= $18.1

For 20Y6

= ($2,676,000 - $60,000) ÷ 120,000 shares

= $21.8

b. Since the earning per share is increased from 20Y5 to 20Y6 so it is favorable

You might be interested in
Carla is upset about a recent action taken by a top manager at her company that was against the interest of the employees in the
jolli1 [7]

Answer:

A. Cross- Functional Group

Explanation:

A Cross Functional team/group or simply referred to as CFT represents a team that comprise of persons drawn from different areas, departments and functions within an organisation. For instance members of a CFT can be from sales, human resource, marketing and accounting among others.

Members of a CFT are usually personnels from the lower cadres in an organisation and their coming together can be good for making decisions, deliberating on issues bothering the company and they can even be put together by top management as a working group to achieve certain goals.

A unique advantage for Carla to set up a Cross-functional group is inherent in the fact that employees of the lower levels of management that are affected by the action would cut across several units and departments and brining personnel together from this various departments will help to develop solutions to the problem at hand.

6 0
3 years ago
How does saving money help people avoid debt?
Agata [3.3K]

Answer:

D. By helping them cover unforeseen expenses

8 0
3 years ago
Read 2 more answers
Creditors often include several requirements in a mortgage contract in order to protect their interests. In order to ensure that
muminat

Answer:

prepayment penalty, maintain, insurance, mortgage

Explanation:

Prepayment penalty clause relates to the situation that the borrower shall not prepay the borrowed amount as to the creditor it will be loss in the form of interest, thus, it do not want that the borrower shall collect from any other source.

The property should not loose its value, or the value shall not be degraded as that will result in loss, as when the borrower fails to repay the loan, creditor has the right to sell it, if it will not be maintained the value will degrade.

Insurance is required so that same as in above mentioned point that the value is not lost, and then the value of loan is fully recoverable.

If the value of loan exceeds 80% of value of property there shall be mortgage as the lender ensures his payment and no failure shall be there.

5 0
3 years ago
Which of the following statements is the best way to state your position in a conflict?
Dima020 [189]
Answer A, it causes the least conflict and the person should not feel attacked. It also shares your emotion about the situation in a polite way.
8 0
4 years ago
Read 2 more answers
A partnership: __________
kykrilka [37]

Answer:

b. Has unlimited liability for its partners.

Explanation:

Both partnerships and sole proprietorships are very common forms of business, are relatively easy to create, and they are both pass through entities, but they also have a commons disadvantage: their owners are personally for the business' obligations. That means taht if things go wrong, their owners will have to use their other personal assets to covers for any liabilities.

6 0
3 years ago
Other questions:
  • _______ is using outside consultants to assess organizational processes such as workflow, informal intra-unit relationships, and
    12·1 answer
  • A corporation was formed on January 1. The corporate charter authorized 100,000 shares of $10 par value common stock. During the
    5·1 answer
  • Krit corporaton is a US manufacturing company based in the Midwest. As an investor, Wilson bought 225 shares of stock in Krit Co
    8·1 answer
  • Is peace good or bad for the economy
    7·1 answer
  • In monopolistic competition Question 35 options: firms produce and sell an identical product. a large number of firms compete. f
    9·1 answer
  • If you were asked to choose a profession between an agricultural expert and a veterinary doctor which one will you choose give y
    8·1 answer
  • 100 POINTS MICROECONOMICS
    9·2 answers
  • Someone who is __________ can recover from disappointments quickly.
    14·1 answer
  • _______________ involves you imagining yourself achieving your final goal.
    11·2 answers
  • Sue can either borrow $10,\!000$ dollars for $5$ years with a simple interest of $7\%$ annually or an interest which compounds a
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!