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djyliett [7]
2 years ago
7

At December 31, 2020 Bramble Corp. had 298000 shares of common stock and 9800 shares of 6%, $100 par value cumulative preferred

stock outstanding. No dividends were declared on either the preferred or common stock in 2020 or 2021. On January 30, 2022, prior to the issuance of its financial statements for the year ended December 31, 2021, Bramble declared a 100% stock dividend on its common stock. Net income for 2021 was $1143000. In its 2021 financial statements, Bramble's 2021 earnings per common share should be
Business
1 answer:
Vika [28.1K]2 years ago
5 0

Answer:

the earning per common share is $3.83 per share

Explanation:

The computation of the earning per common share is shown below

= Net income ÷ weighted number of outstanding shares

= $1,143,000 ÷ (298,000 shares)

= $3.83 per share

We simply divided the net income from the  weighted number of outstanding shares so that the earning per share could be determined

hence, the earning per common share is $3.83 per share

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4 0
2 years ago
If during 2011 the Republic of Sildavia recorded a value added of $78 billion, wages of $40 billion, profits of $8 billion, and
Otrada [13]

Answer:

$12 billion.

Explanation:

Given: Value added during 2011= $78 billion.

           Total sales= $90 billion.

Intermediate goods are the goods used to produce final product and it is not included in the calculation of GDP, however, it is included in the value of final goods.

Now, finding the value of intermediate goods purchased.

Intermediate goods= Total\ sales - Total\ value\ added

⇒ Intermediate goods= \$ 90\ billion - \$ 78 \ billion

∴ Intermediate goods= \$ 12\ billion

Hence, value of intermediate goods purchased is $12 billion.

7 0
2 years ago
The manager of a computer software company wishes to study the number of hours senior executives by type of industry spend at th
miskamm [114]

Answer:

Since the calculated value of F= 5.733 falls in the critical region we reject the null hypothesis  and conclude all three means are not equal.

Explanation:

The given data is

Banking          Retail            Insurance

12                      8                        10

10                     8                          8

10                     6                          6

12                     8                           8

<u>10                    10                          10</u>

The results of excel are:            

<u><em>Anova: Single Factor  </em></u>    

     

SUMMARY      

Groups    Count Sum Average         Variance  

Column 1 5 54            10.8              1.2  

Column 2 5 40               8               2  

Column 3 5 42              8.4                 2.8  

         

1) Let the null and alternate hypotheses be

H0: u1=u2=u3  i.e all the three means are equal and

Ha: Not all three means are equal

2) The significance level is set at ∝ =0.05

3)The test statistic to use is

F= sb²/ sw²

which has F distribution with v1= k-1 →3-1=2 and v2= n-k →15-3=12 degrees of freedom

After calculations the following table is obtained.

<u><em>ANOVA  </em></u>    

Source              SS            df         MS            F        P-value        F crit

of Variation

B/w Groups        22.93         2     11.467      5.733    0.01788        3.885

<u>Within Groups       24           12           2                                                       </u>      

<u>Total                     46.93      14                                                                </u>

4) The critical region is F ≥ F(0.05, 2,12) = 3.885

5) Since the calculated value of F= 5.733 falls in the critical region we reject the null hypothesis  and conclude all three means are not equal.

4 0
2 years ago
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Oxana [17]

Answer:

communicating with persons outside of the organization

drafting, laying out, and specifying technical devices, parts, and equipment

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thinking creatively

4 0
3 years ago
Read 2 more answers
Banks and other financial institutions of an economy are in the business of channeling funds from suppliers of financialcapital
ziro4ka [17]

Answer:

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Explanation:

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A financial intermediary also helps in facilitating the diverse needs of lenders and borrowers

The funds are raised from people who wants to deposit the money.

6 0
3 years ago
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