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shepuryov [24]
3 years ago
11

Freedom Company had 450,000 shares of common stock issued as of December 31, 2020. 350,000 had been issued and outstanding as of

January 1, 2020 and 100,000 of which were issued on September 1, 2020. Net income for the year ended December 31, 2020, was $1,160,000. What should be Freedom Company's 2020 earnings per common share, rounded to the nearest penny
Business
1 answer:
Stels [109]3 years ago
5 0

Answer:

$3.03

Explanation:

Calculation for What should be Freedom Company's 2020 earnings per common share,

Earnings per common share =$1,160,000/ [$350,000 + ($100,000 × 4/12 )]

Earnings per common share=$1,160,000/($350,000+$33,333)

Earnings per common share=$1,160,000/$383,333

Earnings per common share= $3.03

Therefore What should be Freedom Company's 2020 earnings per common share is $3.03

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g Because of the downward sloping demand curve, a monopolist can increase its revenue is by ________. Group of answer choices on
guapka [62]

Answer:

only increasing price on its goods

Explanation:

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.

An example of a monopoly is a utility company

A natural monopoly occurs due to the high start-up costs or a large economies of scale.

Natural monopolies are usually the only company providing a service in a particular region  

Because the demand curve for a monopoly is downward sloping, marginal revenue is less than price. As prices fall, more units of the product are bought.

In a monopoly When the average cost is falling, the marginal cost lies below the average cost. If the government sets price to be equal to marginal cost, which lies below the average cost, the monopoly would incur losses

5 0
3 years ago
At work, Clarissa often takes on the extra duties of ordering all the food and drinks for any celebrations of work anniversaries
tangare [24]

Answer:

The correct answer is B) motherhood.

Explanation:

In the United States, the ILO, through the 1919 maternity agreement, establishes the protection of pregnant and postpartum workers, including the right to a minimum 12-week leave.

The policies and practices of motherhood in a company must be applied in the same conditions or in a similar way to people who have some type of limitation or temporary incapacity for work.

7 0
3 years ago
Suppose a 65-year-old person wants to purchase an annuity from an insurance company that would pay $20,900 per year until the en
Karolina [17]

Answer:

PV= $216,935

Explanation:

Giving the following information:

Suppose a 65-year-old person wants to purchase an annuity from an insurance company that would pay $20,900 per year until the end of that person’s life. The insurance company expects this person to live for 15 more.

First, we need to find the final value of the annuity.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {20,900*[(1.05^15)-1]}/0.05= 450,992

Now, we can find the present value.

PV= FV/ (1+i)^n= 450,992/1.05^15= $216,935

5 0
3 years ago
Ha-joon, a middle manager at FirstTier, Inc., is engaged in a product development project. He has been associated with the proje
Volgvan

Answer:

The answer is: Product champion

Explanation:

A product champion is someone that is in charge of advancing the internal development and external promotion of a certain product or service.  This is the person who makes a great effort and takes an enormous interest in the full development of a product or process.

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3 years ago
Mary, a HR manager, is designing a training class for those working on the new cross-functional teams within her company. This c
anzhelika [568]

Answer:

The correct answer is A.role playing, practice, and discussion

Explanation:

Role Play is a group dynamic technique. It is also known as a dramatization, simulation or role play technique.

It consists of two or more people representing a specific situation or case of real life, acting according to the role assigned to them and in such a way that it becomes more vivid and authentic.

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3 years ago
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