Answer:
the earnings per share is $1.81 .
Explanation:
<em>Earnings per Share = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding</em>
Therefore,
Earnings per Share = $724,000,000 ÷ 400,000,000
= $1.81
Answer:
Explanation:
Calculation of amount of interest income Paul and Jean can exclude =
where I = interest received, E = educational expenses, P = principle.
Proceeds received $7,132
Principle $5,000
Interest $2,132
Qualified Higher Educational expenses $4,000
=2132*(4000/(5000+2132))= $1,195.74
Answer is 1,195.74 exclusion
Answer:
hello your question is incomplete attached below is the complete question
answer :
For Negative cross-price Elasticity :
DVD players and DVD and Shampoo and conditioner
Positive cross-price Elasticity :
Beer and Wine and Soda pop and iced tea
Zero cross-price elasticity :
Coffees and shoes
Explanation:
<u>For Negative cross-price Elasticity : </u>
DVD players and DVD and Shampoo and conditioner ; this is because the percentage change in the price of any of the good will affect the demand for both goods negatively or positively
<u>For positive cross-price Elasticity :</u>
Beer and Wine and Soda pop and iced tea : The percentage change in the price of any of the good will affect the demand of the other good positively ( increase in demand of the other good )
<u>For Zero cross-price Elasticity </u>:
Coffees and shoes; The percentage change in the price of any of the good will not affect the other because both goods are not related
Answer:
Dr mortgage payable $635.52
Dr interest expense $641.67
Cr cash $1,277.19
Explanation:
The first repayment made on the mortgage is $1,277.19,this amount can be broken into interest payment on the mortgage as well as the repayment of the principal of $110,000.
interest for first month=$110,000*7%*1/12=$641.67
Invariably the payment made comprises of $635.52 ($1,277.19-$641.67) principal repayment and interest payment of $641.67
The entries would to debited mortgage payable with $635.52 and interest expense with $641.67 while cash is credited with $1,277.19