Answer:
$5
Explanation:
Earnings per share is the total profit earned by a firm divided by the number of outstanding shares
Earnings per share = earnings / total outstanding shares
$500,000 / 100,000 = $5
Answer:
His company had been going through a lot of transition in the past year because they wanted to improve their public image.
George made sure that the restaurant served all the dishes that were popular in the locality.
Explanation:
An "ethical leader" is concerned about the beliefs and values of people in the society. In order to adapt to locality, George has to consider the company's virtues by improving their public image. This will make their restaurants desirable. This can also be done if the restaurants will make sure <u>to know what the popular dishes are in the local area.</u> For example, if the people prefer "halal" food, then they'll be preparing halal foods as well. This is an ethical way of respecting the people's preference in the area.
So, this explains the answers.
Answer:
$0.70
Explanation:
Given that,
Direct materials costs = $660,000
Direct labor costs = $3,100,000
Factory overhead costs applied = $2,170,000
company's predetermined overhead rate for year 2017:
= Factory overhead costs applied ÷ Direct labor costs
= $2,170,000 ÷ $3,100,000
= $0.70
Therefore, the company's predetermined overhead rate is 0.70
It is given that on July 1, Cooper Corporation r<span>eceived $20,000 from Smith Industries in exchange for services performed. The accounting entries that Cooper Corporation should make to record this event is:
Cash $20,000
Service Revenue $20,000
It is because Cooper Corporation received a service made by the
Smith Industries, thus it increased the cash or debited the cash account and there is increase on its income (credit side).</span>