Answer:
Ans. The new EPS be if that happens will be $1.57
Explanation:
Hi, first let´s introduce the equation we need to find the EPS.
And since we know that the next EBIT will decline by 20%, our new EBIT will be 80% of the initial EBIT, so we solve the last equation for (1-tax) and we get the following 2 equations.
Our interest expense (Int) is $5,000*0.12= $600, EBIT is 1,500, 0.8*EBIT=1,200, EBIT(1)=$2.35, so we solve for EPS(2) the followiong equation.
Therefore, our new EPS if the company´s EBIT drops by 20% would be $ 1.57.
Best of luck.
Answer:
d) For Sale by Owner-Broker. Call Ed Hahn at 321-7788
Explanation:
From the above, we can see that the last option chosen contains the most complete information as against the others that do not state all relevant information. Laws in most countries covering advertising demand full disclosure of all relevant information when advertising a sale for instance or it would be considered illegal advertising. From the example, the seller had stated appropriately in the last option that he is an owner broker, letting the prospective buyer know that the property being sold is also owned or partly by the one who is listing the property for sale, or member of the listing team. The name is also stated the name which was not disclosed in the previous options
Direct labor cost is wages that are incurred in order to produce specific goods or provide specific services to customers. The total amount of direct labor cost is much more than wages paid.
Given that 3 workers, working 8 hours in a day are paid $12. The total amount paid to workers are:
12x8x3=$288
The cost of direct labor will therefore be:
450-288
=$192
A for-profit institution that works with the general public to open and manage savings accounts is known as a(n) savings bank.
Answer: C. savings bank
