Answer:
4.9%
Explanation:
The computation of the annual average rate of return over the three years is shown below:
Given that
Positive return in 1st year is 12.5%
The Negative return in 2nd year is 3.3%
And, the positive return in 3rd year is 5.5%
So, the annual average rate of return is
= (12.5% - 3.3% + 5.5%) ÷ (3 years)
= 4.9%
Answer:
The balance in the cash account at the end of the month will be $401.000
Explanation:
$0
+$ 344,000 bank loan
+$112,000 stock issued to stakeholders
-$54,000 purchase of inventory
+$25,000 sell
-$26,000 payment of dividends
-------------
$401,000 balance at the end of the month
see attached file for T-account
$2.40., was incorrect. The correct answer was: $2.28.
Begin by calculating how much of the net income is available for common stockholders (net income after taxes minus preferred dividends equals earnings available for common stockholders). The preferred stockholders received $600,000 in dividends (100,000 pfd shares × $6 per share dividends = $600,000). After subtracting $600,000 from the net income of $12 million, this leaves $11.4 million (earnings available for common stockholders). Compute EPS (earnings available for common ÷ number of common shares outstanding = $11.4 million / 5 million shares = $2.28 per share EPS).
the qestion is incomplete .please read below to find the missing content
A corporation has $12 million net income after taxes, 5 million common shares outstanding, and $10 million of 6% preferred stock ($100 par). What is the corporation's earnings per share (EPS)?
A) $2.52.
B) $1.20.
C) $2.28.
D) $2.40.
Earnings per share is the monetary value of earnings per outstanding share of a company's common stock. It is an important measure of a company's profitability and is often used in stock pricing.
EPS shows a company's profitability by showing how much profit the company makes for each share of its stock. The EPS figure is determined by dividing a company's net income by shares of common stock outstanding. However, the higher the EPS number, the more profitable the company.
Learn more about EPS here
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Answer:
sales promotions
Explanation:
Sales promotions are the steps taken to increase the purchase of the products by adding an incentive to the customers. Buy-one-get-one-free is one of the sales promotions. Here two products are sold in the cost of one. The customer is provided with the benefit of getting two products by giving the amount of one. It is the promotions in which quantity plays a crucial role.
Answer: True
Explanation:
The Labour Market Regulatory Authority is responsible for regulation of the labour market.
Based on the information given in the question, we can say that Strand will be in compliance with the act. Therefore, the answer is true.
