$4.40 per share
Explanation:
The computation of the earning per share is shown below:
Earning per share = (Net income - preference dividend) ÷ (Weighted average of number of shares)
where,
Net income is $640,000
Preference dividend is $72,000
And, the weighted average number of share is
= 120,000
Answer: Perfectionism, Expectations, Distrations, etc.
Explanation:
Answer: Bond A = $14,000
Bond B = ₦6,000
Explanation:
We can solve by setting up mathematical equations.
Let A and B be used to express the dollar amounts invested at 8% and 10% respectively.
Capital invested equation becomes A + B = 20,000 - - - - - eq 1
Percentage interest equation becomes 8% of A + 10% of B = 1,720
To remove percentages we multiply through by 100, which gives
8A + 10B = 172,000 - - - - - - eq 2
So we have two simultaneous equations.
To solve, we multiply eq 1 by 10 so by subtraction we can eliminate B, then solve for A. Eq 1 becomes
10A + 10B = 200,000 - - - - eq 3
Subtract eq 2 from eq 3
(10A - 8A) + (10B - 10B) = 200000 - 172000
2A = 28000
A = 28000/2 = $14,000
A + B = 20000 from eq 1
Now A is 14000
14000 + B = 20000
B = 20000 - 14000
B = $6,000
Therefore capital invested is $14000 for bond A and $6000 for bond B
Answer:
The correct option is (c)
Explanation:
Return on investment measures the attractiveness with respect to an investment. It evaluates the efficiency of a particular investment as compared to other investment opportunities.
It is computed by subtracting cost of investment from current value and divide the result by the cost.
In this case, buyer should estimate the return on investment in purchasing larger quantity to get discount and compare it with other investment opportunities. If it offers higher returns, then the buyer should go for this.
False is your answer so it would be b
