Answer:
$1.71 per share
Explanation:
Earning per share is the per share rate of net earning for the period after deducting any preferred dividend. We use average common shares outstanding to calculate the Basic EPS. Formula for the Basic EPS is as follow:
Basic EPS = ( Net Income - Preferred Dividend ) / average common shares outstanding
As we do not have any preferred share, placing value in the formula
Basic EPS = ( $3,100,800 - $0 ) / 1,818,000
Basic EPS = $1.71 per share
The convertible bonds are incorporated in the calculation of diluted earning per share.
Answer:
assets = liabilities + equity
a) NA - $6,400 AP
<u>+ $6,400 NP</u>
net effect $0
b) NA + $128 interest - $128 retained
payable earnings
c) -$6,528 cash -$6,400 NP NA
-$128 interest p.
revenue - expenses = income
a) NA NA NA
b) $0 $128 -$128
c) NA NA NA
Answer:
The correct answer is letter "A": to appeal to both high and low involvement consumers.
Explanation:
Strong arguments are those that provide probable support for an idea. Weak arguments fail to provide support for different matters. Then, when talking about marketing, strong arguments are more likely to engage consumers with a product while weak arguments can attract consumers at low levels but the ideas lack reliability.
Thus,<em> infomercials can make use of both strong and weak arguments at different levels of consumer involvement.</em>
Answer:
THE PRICE OF COFFEE
Explanation:
Demand has 4 determinants : Price , Other Factors [Others price (Substitutes / Complements) , Income , Taste]
Any change in Demand due to Price is 'Change Quantity Demanded': reflected by movement on the curve itself - Expansion (due to fall in price) , Contraction (due to rise in price) .
Any change in Demand due to other factors is 'Change in Demand': reflected by shift in the entire curve - Increase in Demand (demand curve rightwards shift) , Decrease in Demand (demand curve leftwards shift)
So , 'Change in Quantity Demanded' of Coffee can only be due to : Change in Price of Coffee (its own price) .
Answer:
Cost of machine = $73,897.99
Explanation:
The cost of machine to Swifty Corporation the present value pf the ordinary annuity payment of $20,500 per year discounted at the interest rate of 12%.
Note that the annuity is an ordinary annuity because annual payment is made at the end of the year.
Present value of ordinary annuity= annuity factor× annual payment
Present value of ordinary annuity = 20,500× 3.60478= $73,897.99
Cost of machine = $73,897.99