Pharrell, Inc., has sales of $602,000, costs of $256,000, depreciation expense of $62,500, interest expense of $29,500, and a ta
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Answer:
The earnings per share figure is $1.89
Explanation:
Sales of $602,000
Costs of $256,000
Depreciation expense of $62,500
Interest expense of $29,500
Tax rate of 40 percent.
-> Profit Before Tax = Sales - Cost - Depreciation Expense - Interest expense
= $602,000 - $256,000 - $62,500 - $29,500
= $254,000
Net profit = Profit before Tax x (1 - Tax rate) = $254,000 * (1 - 40%) = $152,400
Earnings per share = (net profit - dividend paid for preferred stock)/ common stock outstanding = ($152,400-$44,500)/ 57,000
= $1.89
Answer: $94,300
Explanation:
Net Sales revenue will be;
= Sales revenue - Sales Returns and Allowances - Sales Discounts
= 99,000 - 1,800 - 2,900
= $94,300
Net sales revenue is imparted by sales discounts and sales returns alone in this instance.
Answer:
The market price of an unrestricted share of the same stock.
Explanation:
Restricted stock units (RSU) are defined as a type of compensation in shares that an employer will give to an employee.
Usually certain conditions or performance should be met before the employee gets this benefit. For example staying with the company for a number of years.
A vesting plan of distribution schedule is used to allocate the shares.
The value of the compensation will be the number of shares given by the RSU multiplied by the market value of unrestricted share of the same stock.
For example if an employee has RSU of 1,000 shares, and share value is $10
Value of RSU compensation = 1,000 * 10 = $10,000
$15.00 .....this sentence is just filler because $15.00 is too short.
Explanation:
Ways
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