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Nezavi [6.7K]
3 years ago
7

At December 31, 2021 and 2020, P Co. had 58,000 shares of common stock and 5,800 shares of 5%, $100 par value cumulative preferr

ed stock outstanding. No dividends were declared on either the preferred or common stock in 2021 or 2020. Net income for 2021 was $620,000. For 2021, basic earnings per common share amounted to: (Round your answer to 2 decimal places.)
Business
1 answer:
Finger [1]3 years ago
6 0

Answer:

$10.19 per share

Explanation:

With regards to the above, the basic earnings per common share is seen below;

Preferred dividend = Shares × Par value × Shares percentage

= 5,800 × $100 × 5%

= $29,000

So, basic earning per share = (Net income - Preferred dividend) ÷ Common shares

= ($620,000 - $29,000) ÷ 58,000

= $10.19 per share

Therefore, for 2021, basic earnings per common share amounted to $10.19

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This doesn't seem to be a question, but rather, a statement.
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Carol is interested in field engineering. What tasks would she have to perform as a field engineer?
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Answer:

Field engineer duties usually include inspecting and installing equipment and new technologies, directing crews or workers on site, conducting research, and reporting on project status. Field engineers will make sure that everything works smoothly and engineering designs are being followed.

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3 0
3 years ago
Assume for this question that herman has 55 employees. when herman asks sally about jake's ability to see, what would be conside
Serhud [2]
<span>Herman would have to take action if he find's out from Sally that Jake has a visual impairment. He would have to consider whether or not he could reasonably make changes that would allow Jake to still do his job, or if the needed changes would cause an undue hardship on the business.</span>
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3 years ago
Brazil can produce 1 unit of sugarcane with 1 unit of labor and 1 iPod with 8 units of labor, and China can produce 1 unit of su
soldier1979 [14.2K]

Answer:

d. With trade, Brazil should specialize in sugar cane and China in iPods.

Explanation:

As from the given situation it can be seen that Brazil has an absolute advantage while producing the sugarcane as it takes one unit of labor for generating one unit of sugarcane

On the other hand, china has an absolute advantage for generating an ipod as it takes four unit of labor to generate one ipod

Therefore the option d is correct

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2 years ago
________ appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate th
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"Informational" appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.

<h3>What is informal appeals?</h3>

A corporate message typically substitutes data and figures for a main notion. A business message should make sure to properly state any significant dates, locations, times, etc.

The powerful business report can be written as-

  • Business reports always are formally presented, impartial, and thoroughly researched. If the study focused on a specific issue or analyzes the actual quality of a whole organization, every data must be accurate and reliable.
  • A business report must be objective, therefore stay away from stating to the reader how and where to feel in your descriptions.
  • Let the sales statistics speak for itself, rather than saying something like "Sales were bad last quarter," if last quarter's sales were down. Person pronouns, such as "I believe we should invest that money," should also be avoided.
  • A business report must to be objective and presented from the viewpoint of the company.

To know more about parts of a business report, here

brainly.com/question/11599232

#SPJ4

5 0
2 years ago
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