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Lesechka [4]
2 years ago
13

Mayan Company had net income of $32,500. The weighted-average common shares outstanding were 10,000. The company has no preferre

d stock. The company's earnings per share is:
Business
1 answer:
madreJ [45]2 years ago
6 0

Answer:

The company's earnings per share is $3.25.

Explanation:

Earnings per share (EPS) refers to a financial metric that shows an indication of the amount of money that is made a company for each share of its stock.

The earnings per share of Mayan Company can be calculated using the formula for calculating earnings per share as follows:

Earnings per share = Net income /  Weighted-average common shares outstanding ..................... (1)

Where;

Net income = $32,500

Weighted-average common shares outstanding = 10,000

Substituting the values into equation (1), we have:

Earnings per share = $32,500 / 10,000

Earnings per share = $3.25

Therefore, the company's earnings per share is $3.25.

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Yes you do cause you already used the coupon or promo code

5 0
3 years ago
Granite works maintains a debt-equity ratio of .65 and has a tax rate of 21 percent. the pretax cost of debt is 9.8 percent. the
siniylev [52]
<span>9.20 percent

Re= 0.036 +1.2(0.085) = 0.138
Re= [($1.10 x 1.02)$19] +.02 = 0.0790526

ReAverage = (0.138 + 0.0790526)/2 = 0.108526

WACC = (1/1.65)(0.108526) + (0.65/1.65)(0.098)(1-0.32) = 9.20 percent</span>
4 0
2 years ago
What environmental advantages would there be in having fewer transactions?
ra1l [238]

Answer:

Less Of an Imcome

Explanation:

4 0
3 years ago
For a recent year, McDonald's Company-owned restaurants had the following sales and expenses (in millions): Sales $25,700 Food a
Aleks [24]

Answer:

a. $9,338

b. 0.363

Explanation:

a. Contribution Margin  = Sales - Variable Cost

Where Sales = $25,700

Variable Cost = Food & Packaging + Payroll + 40% x General, Selling and Administrative expenses

V.C. = 8,982 + 6,500 + 40% * 3,700

V.C = 8,982 + 6,500 + 1,480

= $16,362

Therefore, Contribution Margin  = Sales - Variable Cost  

= $25,700 - $16,362

=$9,338

b. McDonald's contribution margin ratio  = Contribution Margin / Sales

= $9,338 / $25,700

= 0.363

6 0
3 years ago
Southwest Airlines offers vacation packages that include airfare, car rental, and lodging. Southwest is using a(n) ________ pric
vredina [299]

Southwest Airlines offers vacation packages that include airfare, car rental, and lodging. Southwest is using a(n) <u>bundle </u>pricing strategy.

What is bundle pricing ?

A pricing strategy in which managers offer multiple products or services as a single package ("bundle") is called bundle pricing.

Motivation of bundle pricing:

Particularly useful if your customers' demand is highly variable but price discrimination is impractical.

When consumers' price sensitivity of demand varies widely and market conditions make price discrimination difficult

If customers have diverse tastes, it can increase the seller's profit.

It is a method of simulating perfect price discrimination when perfect price discrimination is not possible or when charging multiple prices for the same product is illegal.

Types:

Simple Bundling: When managers offer multiple products or services in a single package so that customers do not have the option of purchasing package components separately

Mixed Bundling: Allows customers to purchase package components as a whole or separately.

Learn more about bundle pricing here: brainly.com/question/23175408

#SPJ4

4 0
1 year ago
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