Pharrell, Inc., has sales of $602,000, costs of $256,000, depreciation expense of $62,500, interest expense of $29,500, and a ta
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Answer:
The earnings per share figure is $1.89
Explanation:
Sales of $602,000
Costs of $256,000
Depreciation expense of $62,500
Interest expense of $29,500
Tax rate of 40 percent.
-> Profit Before Tax = Sales - Cost - Depreciation Expense - Interest expense
= $602,000 - $256,000 - $62,500 - $29,500
= $254,000
Net profit = Profit before Tax x (1 - Tax rate) = $254,000 * (1 - 40%) = $152,400
Earnings per share = (net profit - dividend paid for preferred stock)/ common stock outstanding = ($152,400-$44,500)/ 57,000
= $1.89
Explanation; A product is said to have reach its saturation point if such a product is no longer generating new demands due to factors such as competition, decreased need, obsolescence, etc.
Answer:
The opportunity cost is $24,000
Explanation:
Giving the following information:
Suppose your expenses for this term are as follows:
tuition: $12,000
Room and board: $6,500
Books and other educational supplies: $1,500.
Further, during the term, you can only work part-time and earn $3,500 instead of your full-time salary of $14,000.
Costs of college:
tuiton= 12000
Books= 1500
Lost of salary= 10,500
Total= $24,000
Answer:
The sellers are peter’s customers.
Explanation:
The sellers are peter’s customers because in this situation peter is showing them the houses available in the market. Thus we can consider that the owner of the homes is customers to Peter because here the work of peter is to help in the sale of homes. Therefore it may be said that the sellers are peter's customer.
Answer:
Following are the solution to this question:
Explanation:
Assume that
will be a 12-month for the spot rate:


Assume that
will be a 18-month for the spot rate:



Assume that
will be a 18-month for the spot rate:

to solve this we get 