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ICE Princess25 [194]
3 years ago
13

Atlas Corporation reported the following earnings per share information in its current annual report. The company has only one c

lass of stock outstanding.
Net income $7,121
Dividends to common shareholders $2,033
Weighted average common shares outstanding 4,221
Weighted average dilutive shares 4,305
Basic and diluted earnings per share were, respectively:____.
a. $1.21 and $1.18.b. $2.17 and $2.13.
c. $1.69 and $1.65.d. $1.69 and $1.18.
e. none of these are correct.
Business
1 answer:
Talja [164]3 years ago
3 0

Answer:

c. $1.69 and $1.65

Explanation:

Calculation to determine Basic EPS

Using this formula

Basic EPS =Net income/Weighted average common shares outstanding

Let plug in the formula

Basic EPS = $7,121 / 4,221

Basic EPS = $1.69

Calculation for Diluted EPS

Using this formula

Diluted EPS=Net income/Weighted average dilutive shares

Let plug in the formula

Diluted EPS = $7,121 / 4,305

Diluted EPS = $1.65

Therefore Basic and diluted earnings per share were, respectively:$1.69 and $1.65

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Hiku Inc. developed a superior touch screen technology for tablet computers that enabled multiple users to operate the screen at
mart [117]

Answer:

A) licensing

Explanation:

Based on the information provided within the question it can be said in this scenario the alternative that is being illustrated is known as licensing. This term refers to an agreement in which one business gives permission to another to be able to use the first company's patented product. Which in this scenario is a multi-screen table.

8 0
4 years ago
In​ 1885, first-class postage for a​ one-ounce letter cost​ $0.02. The same postage in 2015 costs​ $0.49. What compounded annual
geniusboy [140]

Answer:

2.49%

Explanation:

The period 't' between 2015 and 1885 is:

t = 2015 -1885 = 130\ years

The annual rate 'r' at which the original $0.02 value has been compounded over 130 years to reach a value of $0.49 is determined by:

0.49 = 0.02*(1+r)^{130}\\r=\sqrt[130]{24.5}-1\\ r=0.0249 = 2.49\%

The cost of​ first-class postage has experienced an annual increase of 2.49% over this period.

6 0
3 years ago
Evaluating employee performance helps with all of the following EXCEPT which of the
Goshia [24]

Answer:

Sick Leave - C

Explanation:

Evaluating performance helps determine whether to promote, transfer or layoff but it does not determine whether or not an employee can use sick leave.  You can lower an evaluation based upon performance and abuse of sick leave.  If an employee is frequently absent without an excuse, then their performance and work tasks will suffer.  This allows a manager to lower a performance rating.

4 0
2 years ago
The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel common stock was $119.70 on Dec
allsm [11]

Based on the comparative financial statements of Stargel Inc, the financial ratios are:

  1. $2,790,000
  2. 4.1
  3. 2.5
  4. 16.0
  5. 22.8 days
  6. 2.2. times
  7. 73 days
  8. 2.2
  9. 0.4
  10. 7.6
  11. 1.1 times
  12. 11.5%
  13. 13.3%
  14. 13.6%
  15. $8.55
  16. 14.0
  17. $0.50
  18. 0.4%

<h3>What are Stargel's financial ratios?</h3>

Working capital:

= Current assets - Current liabilities:

= 3,690,000 - 900,000

= $2,790,000

Current ratio:

= Current assets / Current liabilities

= 3,690,000 /900,000

= 4.1

Quick ratio:

= 2,250,000 / 900,000

= 2.5

Receivables turnover ratio:

= Net credit sales /Average accounts receivable

= 10,000,000 / 625,000

= 16 times

Number of days' sales in receivables days:

= Average accounts receivable / Average daily sales

= 625,000 / 27,397.26

= 22.8 days

Find out more on the dividend yield at brainly.com/question/20704820.

#SPJ1

7 0
2 years ago
Petty cash is disbursed by Manuela Luisina in the Cashier's Office. Manuela also maintains records of disbursements, places requ
zhenek [66]

Answer: Ineffective

Explanation:

Handling many job roles at the same time is one of the greatest way to be ineffective in them. When you have someone to do so many task at the same time they won't perform their best in any of the task or all of the task and would struggle most times and could wear out.

Manuela Luisina is handling so much at Petty cash which makes the segregation of duties ineffective

6 0
3 years ago
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