Answer: $1.48
Explanation:
Coronado's diluted earnings per share for 2021 would be calculated thus:
Net interest savings = ($298000 × 7%) × (1 - 25%)
= ($298000 × 0.07) × 75%
= $15645
Weighted average common stock outstanding will be:
= 106000 + (298000/1000 × 60)
= 106000 + 17880
= 123880
Therefore, Coronado's diluted earnings per share will be:
= ($168000 + $15645) / 123880.
= $183645/123880
= $1.48
Answer:
The answer is B.
Explanation:
An agency relationship is a relationship between the principal and the agent.
A principal employs the service of an agent who acts on behalf of the principal.
An agent must make sure that there is no conflict on interest.
So in labor market, employer is the principal while the worker or employee is the agent.
Answer:
a) commonly agreed-upon professional accounting standards in the United States
Explanation:
According to the Generally Accepted Accounting Principles (GAAP) it consist of accounting principles, rules, procedures that are followed companies to companies so that there financial statements considered to be valid.
Here, in the given question the option A is correct as it is agreed for the professional accounting standard that shows the Generally Accepted Accounting Principles (GAAP)
Hence, the correct option is A.
Answer:
a.An increase in cash flows from operating activities
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets such as inventory, accounts receivables etc, (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. A decrease in assets (other than cash) is an inflow of cash while a decrease in liabilities is an outflow of cash.