Answer:
1.EPS 2021 = net icome / no of shares =$1,419,000/ 284000 =4.99 = 5
2.EPS 2022 = $1,419,000/ 852000 = 1.67 = 2
3.EPS will be shown as $5
Explanation:
Number of shares= 260000
issued shares = 24000
shares at the end 2021 = 284000
New issue 284 000*2/1 = 568000
shares at the end 2022 = 852000
Answer:
<u>Riverbed Company</u>
<u>Income statement for the year July 31, 2022</u>
Service revenue 61,900
<u>Add Other Incomes</u>
Rent revenue 8,500
70,400
<u>Less Expenses</u>
Salaries and wages expense 52,000
Utilities expense 22,600
Depreciation expense 3,500 (78,100)
Net Income / Loss (7,700)
Explanation:
In the Income Statement, we record Revenues and Incomes only. This Statement is used to calculate the Profit earned during the Reporting Period.
A good principal to implement when you find yourself attempting to put too much information on a single slide is C)Less is more
The area that is particularly challenging when recruiting workers for small businesses is compensation.
<h3>What is compensation?</h3>
It should be noted that compensation simply means how much they workers will be paid as how to motivate them.
In this case, the area that is particularly challenging when recruiting workers for small businesses is compensation.
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Answer:
ending balance for allowance for bad debt = 1,800
Explanation:
allowance 2,000 credit
write-off (4,200)
adjusting 4,000
ending balance 1,800
The write-off decrease the value of the allowance
The adjusting it is recognizing bad dbet, so it increase their balance.