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
Kyle liked to think he could program anything digital. He created a new video game, and a major industry firm wanted to buy it f
kondaur [170]

"Kyle liked to think he could program anything digital. He created a new video game, and a major industry firm wanted to buy it from him...." Kyle is concerned about the practice of advergaming. This is further explained below.

<h3>What is advergaming?</h3>

Generally, advergaming is simply defined as Advergaming refers to the practice of using video games to promote real-world businesses and goods.

In conclusion, "Kyle fantasized of being able to program anything electronically. He developed a new video game, and a huge corporation wanted to acquire it...." Kyle has reservations about the practice of advertisement gaming.

Read more about advergaming

brainly.com/question/14335424

#SPJ1

4 0
2 years ago
The raw materials used in manufacturing during the year totaled $1,018,000. Raw materials purchased during the year amount to
Margaret [11]

Answer:

1,081,000

Explanation:

Here we will use the formula

Material Purchase = Beginning raw material - (Ending raw material + raw material used)

by applying this formula we can calculate Material purchased.

= 547,000 - (610,000+1,018,000)

= 1,081,000

5 0
4 years ago
People enjoy outdoor holiday lighting displays and would be willing to pay to see these displays but can't be made to pay. Becau
Katarina [22]

Answer: (2) Demand-side market failure

Explanation:

 The demand side market failure is one of the type of market effect that basically occur due to the production of the negative response and the effect by the various types of marketing techniques like surveys and the focus groups.

The market failure demand side is one of the type of economical situation in which the customers are willing to pay for the specific products and the services in the market which is not fully capture.

According to the given question, the demand- side market failure is one of the example that best illustrating the given situation. Therefore, Option (2) is correct answer.      

8 0
4 years ago
Elliot wants to open a checking account.
Paraphin [41]

Answer:

The common differences in benefits and or fees include :

1. Minimum opening amount

2. Withdrawal limitation - maximum spending or withdrawal depending on age

3. Cost of notification on transaction and monthly statement or hard copy statement fee.

4. Return deposit charge - fee charged on a bounced cheque

5.Overdraft charge - fee charge on unfulfilled commitment

Explanation: The benefits attached and the charges or fees incurred in managing a checking account may differ depending on the policy and business process of the financial establishment.

5 0
3 years ago
Read 2 more answers
The constant dividend growth model: a. is more complex than the differential growth model. b. requires the growth period be limi
Finger [1]

Answer:

The correct answer is letter "D": can be used to compute a stock price at any point in time.

Explanation:

The Gordon Growth Model, also known as the Constant Dividend Growth Model, is used to measure the value of the stock at any point in time based on the projected future dividends of the stock. Investors and analysts are commonly used to compare the estimated value of the stock against the current market price. Analysts interpret the gap between the two prices as proof that the stock could be under or overvalued by the market.

8 0
3 years ago
Other questions:
  • Suppose the yield on short-term government securities (perceived to be risk-free) is about 4%. Suppose also that the expected re
    6·1 answer
  • In the T-bill secondary market the ask yield will normally be less than the bid yield. True or False
    12·1 answer
  • Allison buys equipment and pays cash of $50,000, signs a note of $10,000 and assumes a liability on the property for $3,000. In
    14·1 answer
  • How does lean six sigma define quality?
    7·1 answer
  • You win the lottery and decide to impress your friends by exhibiting a million-dollar cube of gold. at the time, gold is selling
    9·1 answer
  • Which of the following statements is CORRECT?
    13·1 answer
  • Where does the wave erosion occur and where
    14·1 answer
  • A company's interest expense is $20,000. Its income before interest expense and income taxes is $140,000. Its net income is $58,
    10·1 answer
  • When companies like Uber and Lyft join the ride-share market, what would we most likely expect to see cab drivers do to their pr
    5·1 answer
  • A licensed insurance producer that transacts business on behalf of an insurer must be?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!