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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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I believe your answer would be C. Speech and Debate. Being a lawyer requires lots of debate, and speech to support your answer and make it more clear. 
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3 years ago
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"Some​ companies, such as​ Heinz, can forecast revenues well using pure time series analysis​ (that is, by extrapolation of prio
qwelly [4]

Answer:

Heinz sells ketchup and other sauces and condiments. Their demand is relatively stable and doesn't change that much year after year. The demand for their products is not that seriously affected by economic recessions or expansions.

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3 years ago
The ______ is a security technique associated with the use of credit cards at the time of purchase that checks additional digits
gayaneshka [121]

Answer:

Card Verification Number

Explanation:

The card verification number is the additional code printed on the back of the debit or credit card. On most cards it is the last three digits printed on the signature strip located on the back of the card. On American Express (AMEX) cards, this is usually a four-digit code on the front of the card. Since this number is not embossed (like the card number), it is not printed on receipts, so it is unlikely that anyone, In addition to the actual cardholder, know him.

6 0
3 years ago
Legal capital is best defined as
Vanyuwa [196]

Answer:

b. the par value of all capital stock issued.

Explanation:

As per the business format, capital of a company is the value of share capital.

Now, also legal capital means the share capital issued as this reflects the legal share of individual investors in the company.

Authorized capital is the value of maximum capital that can be issued by the company in the form of equity shares.

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And therefore, the par value that is the face value of shares issued, that is equity issued is the legal capital of the company.

7 0
3 years ago
Last year Electric Autos had sales of $100 million and assets at the start of the year of $150 million. If its return on start-o
Alik [6]

Answer:

22.5%

Explanation:

If Electric Autos had a 15% return on start-of-year assets, and its assets at the start of the year were $150 million, the company's total profit is given by:

P = 0.15*\$150\\P=\$22.5\ million

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M = \frac{\$22.5}{\$100}\\ M=22.5\%

Electric Autos had a profit margin of 22.5%

5 0
3 years ago
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