Answer:
the earning per common share is $3.83 per share
Explanation:
The computation of the earning per common share is shown below
= Net income ÷ weighted number of outstanding shares
= $1,143,000 ÷ (298,000 shares)
= $3.83 per share
We simply divided the net income from the weighted number of outstanding shares so that the earning per share could be determined
hence, the earning per common share is $3.83 per share
Answer: Applicant's cognitive abilities
Explanation:
Cognitive ability could be defined as mental skills we need to projects or given activities within any capacity they would come. Cognitive ability looks at out ability to answer questions, learn, remember and pay attention.
It could also be seen as the ability of someone to perform different mental task where learning and solving problems are involved. Considering the interview, Francis would choose or make his choice based on how both candidate are able to solve problems and their approach to it.
Answer:
c. a necessary risk of doing business on a credit basis.
Explanation:
Bad debt is an amount that is owed to a creditor , which will not be paid back . Bad debt expense could be as a result of company who took a loan and is not able to pay back due to bankruptcy.
Before bad debt expense occur in a business, management often make provisions for such debt. Provision for bad debt expense is an amount set aside to cushion the effect of debts that are likely not to be paid back.
It therefore means that bad debt expense is a necessary risk of doing on a credit basis.
Answer:
The correct answer is the option B: A risk response is part of the actual implementation plan and action is taken before the risk can materialize, while a contingency plan goes into effect only after the risk has transpired.
Explanation:
On the one hand, a <em>risk response</em> involves the process of controlling risks that are already known by the people who make the plan in the first place and therefore that this type of concept includes the idea of doing something before the worst happen and therefore to avoid the risks.
On the other hand, a <em>contingency plan</em> involves the process of planning for an unexpected situation that did not happen before and was not established in the original plan, therefore that this type of concept includes the idea of acting over the margin due to the exceptional situation that occurs.
Answer:
$2.08
Explanation:
For computing the amount of premium amortized in the 6 coupon payment first we have to need to find out the present value which is shown below:
Given that
NPER = 5 × 2 years
RATE = 7.5 ÷ 2 = 3.75%
PMT = $1,000 × 8% ÷ 2 = $40
Future value = $1,000
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the present value is $1,020.53
Now the amount of premium is determined by preparing the amortization schedule i.e to be shown in the attachment
Interest = beginning value × rate
