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Svetradugi [14.3K]
4 years ago
14

Peak Performance Sporting Goods Company continues to perform well in spite of an economic recession. Company executives credit t

his to the strong partnerships it enjoys with category killer and large discount chains. Last week Peak Performance reported basic EPS [earnings per share] = $.80/share. If the firm has 4,000,000 shares outstanding, net income after taxes for the same period = _________.A. $5,000,000.B. $80,000.C. $3,200,000.D. $32,000.
Business
1 answer:
sukhopar [10]4 years ago
8 0

Answer:

C. $3,200,000

Explanation:

Net income = Net income-preferred dividends/ weighted average shares outstanding

In the case of peak performance

EPS = $0.80

Outstanding shares 4,000,000

EPS =net income/ outstanding shares

(EPS) $0.80 = net income/4,000,000

Net income = 4,000,000.00x $0.8

                    =$3,200,000

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Someone please help!!!
Vitek1552 [10]

Answer:

Dollar Tree = $5,643

Target = $11,297

Explanation:

For dollar tree, using the given equation:

13,501 = 7,858 + stockholder's equity

Stockholder's equity = 13,501 - 7,858

= $5,643

For target, using the given equation:

41,290 = 29,993 + stockholder's equity

Stockholder's equity = 41,290 - 29,993

= $11,297

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The federal government or private associations might fund________to help an entrepreneur finance a new business.
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I’m positive it’s a loan
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<h3>Medicare Advantage (MA)</h3>

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sdas [7]
C. Government bond would be the correct answer
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On what date does congress normally begin its annual meeting unless otherwise determined?
mrs_skeptik [129]

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