Answer:
The correct option is b. The income from continuing operations is $1141000.
Explanation:
Based on the information given we were told that the tax rate is 30% while the income before income taxes was $1,630,000 which means that the The income from continuing operations is $1141000 calculated as:
Income from continuing operations=[$1,630,000-(30%*$1,630,000)]
Income from continuing operations=$1,630,000-$489,000
Income from continuing operations=$1,141,000
Answer:
$60,000
Explanation:
Hansen's annual salary allowance= 30,000
Hernandez's annual salary allowance= 10,000
annual interest allowance of Hensen= 0.1 × 50,000= 5000
annual interest allowance of Hernandez= 0.1 × 50,000= 5000
Remaining balance=100000- 5000-5000-30000-10000= 50000
Share of each partner from remaining balance= 25000
Hensen's income= 25,000+ 5000+ 30000= 60,000
Answer:
EPS = 2.2
Explanation:
Earning per share is the amount due to each of the ordinary shareholders after settlement of interest due on loans , preferred dividends and tax.
Earnings per share (EPS) = Earnings attributable to ordinary shareholders ÷ Units of shares
Where ;
Earnings attributable to ordinary shareholders = Net income - Preferred dividends
EPS = $770,000 - 0 ÷ 350,000 shares
EPS = $2.2
Answer:
a. True
Explanation:
Market value ratios can be defined as a financial metrics used by an organization to measure the current share price (economic status) of the organization's stock that is held publicly.
Some examples of the commonly used market value ratios includes;
- Market value per share.
- Price/cash ratio.
- Book value per share.
- Earnings per share.
- Market/Book ratio.
- Price/Earnings ratio.
- Dividend yields.
Basically, the market value ratios are adopted by current and potential investors of a business firm so as to determine whether or not the firm's shares are underpriced, priced fairly or overpriced.
Hence, market value ratios provide management with an indication of how investors view the firm's past performance and especially its future prospects.
Answer:
answer is given below
Explanation:
The monopoly looks at the demand curve of the entire market. A monopoly can reduce production and increase prices or increase production and lower prices for maximum efficiency.
Since the single ferry operator operates in a fully competitive market, this is cost-taking, meaning that the price they receive is set from the demand and supply of the ferry service in the market. Monopoly yachts are price settlers so they set their own prices.
Under optimal market conditions, the average total cost of maintaining a ferry its ferry is the lowest. But the monopoly boat does not operate at the optimum level and has additional potential in the market.
as the competitive ferry service provider is allocated and economically efficient. There can be no monopoly.
Fully competitive markets tend to get caught up in the market-determined equilibrium price and look at the flat demand curve at the equilibrium price.
