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
katen-ka-za [31]
2 years ago
11

Coronado Industries had 293000 shares of common stock issued and outstanding at December 31, 2020. No common stock was issued du

ring 2021. On January 1, 2021, Coronado issued 200000 shares of nonconvertible preferred stock. During 2021, Coronado declared and paid $110000 cash dividends on the common stock and $79000 on the preferred stock. Net income for the year ended December 31, 2021 was $618000. What should be Coronado's 2021 earnings per common share
Business
1 answer:
Gnesinka [82]2 years ago
5 0

Answer:

$3.72

Explanation:

earnings per common share = earning attributable to holder of common stock ÷ weighted average number of common stocks outstanding

therefore,

earnings per common share = $3.72

You might be interested in
Amy takes her car to Better Fix-It, Inc., which repairs the car and bills Amy for $500. Amy writes out a check drawn on Capital
meriva

Answer:

Explanation:

I believe the answer is A

8 0
3 years ago
Mr. Rios decided to make a business in his class by selling AP review books for all AP students. His fixed cost to begin the bus
DIA [1.3K]

Answer:

134 books

Explanation:

The breakeven point is the number of units to be sold that will make the total sales equivalent with the total cost, such that the company neither makes a profit nor a loss.

Let the number of units sold to break even be c

5c = 1.25c + 500

5c - 1.25c = 500

3.75c = 500

c = 500/3.75

c = 133.33

≈ 134 books

8 0
2 years ago
Read 2 more answers
The Molding Department of Boswell Company has the following production data: beginning work process 40,000 units (60% complete),
Anna [14]

Answer: 770,000

Explanation:

Assuming materials are entered at the beginning of the process, the equivalent units materials will be:

Beginning work process = 40,000 units

Started into production = 730,000 units

Then equivalent units materials will be:

= 40000 + 730000

= 770000

5 0
3 years ago
The income tax rate in a state is a flat 10 percent. Based on that rate, who has the higher tax burden?
agasfer [191]
I think it’s Alex since he has the lowest salary so it’d be harder for him to pay the tax
3 0
3 years ago
John Williams, manager of Phoenix Entertainment, wants to compute the variable overhead efficiency variance for the year. He has
Georgia [21]

Answer:

2nd option is correct.

Explanation:

Variable over head       =     (Actual  Qty.  - Standard Qty. ) * Standard cost

Efficiency variance

                                      = (10125-9000) * 30

                                      =  $ 33750 (Un-Favorable)

2nd option is correct.

Variance is unfavorable because actual quantity used to produce is more than budgeted quantity allowed at that level of production.

6 0
3 years ago
Other questions:
  • After Jeff Bezos read about how the Internet was growing by 2,000 percent a month, he set out to use the Internet as a new distr
    13·1 answer
  • Exquisite Expressions is a home decorating company that sells many different household accessories ranging from candles to enter
    14·1 answer
  • Who knows what the correct answer is?
    14·1 answer
  • A 21-year German government bond (bund) has a face value of €550 and a coupon rate of 4% paid annually. Assume that the interest
    14·1 answer
  • First Link Services granted 20 million of its $1 par common shares to executives, subject to forfeiture if employment is termina
    10·1 answer
  • craig thought he could earn $1,000 selling paintings in 6 months. instead, he made $1,200. what is the percentage difference?
    15·1 answer
  • Lauren often travels to other grocery stores in the marketplace to observe how much they charge for the same products she stocks
    10·1 answer
  • What is one reason why a business may incorporate a dress code?
    9·1 answer
  • What is the primary responsibility of oversight bodies (such as an irb or iacuc)?
    15·1 answer
  • on june 19, a u.s. company sold and delivered merchandise on a 30-day account to a german corporation for 190,000 euros. on july
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!