Answer: $123,583.90
Explanation:
Given the following Parameters,
Net income = $120,226,
Interest rate = 9%
Tax = 30%
The following formula then applies,
Diluted EPS = (Net income + Interest after tax)/Total outstanding shares outstanding
Now, Interest(Before tax) = $53,300 * 0.09 = $4797
Now we have to calculate it After Tax
= 4,797 (1-tax rate)
= 4,797(1-0.3)
= $3,357.90
The numerator is,
= (Net income + Interest after tax)
= 120,226 + 3,357.90
= $123,583.90
The numerator in the diluted earnings per share calculation for 2018 would be $123,583.90
Jackson motors tells sue, a consumer, that bliss automobiles are made with metal bodies when they are in fact made of fiberglass. This would be considered a fraudulent misrepresentation.
Under contract law, a plaintiff can recover compensatory damages against any defendant when the court finds that the defendant has committed a fraudulent misrepresentation. Courts will find that a defendant has committed a fraudulent misrepresentation when following factors have been met:
a representation was made by the defendant, the representation which was made was false
that when it is made, the defendant knew that the representation made by him was false.
that the fraudulent misrepresentation was made with the intention so that the plaintiff rely on it.
To know more about fraudulent misrepresentation here:
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A. Personal
Personal accountant: A person who has the requisite skill and experience in establishing and maintaining accurate financial records for an individual or a business.
Answer:
The correct answer is B. False
Explanation:
Sven never agreed to selling his motorcycle at the spot, he only made a statement that should he intends to sell it later, he will not sell it lesser than $2000.
Answer:
3,000 physical units in the production
Explanation:
Given that,
Oxford started work on 3,000 units during the period
Units were 70% of the way through manufacturing
Therefore,
Physical units in the production = 3,000 units
Equivalently units of production is as follows:
= 70% of Physical units in the production
= 0.7 × 3,000 units
= 2,100 units
Hence, it would be correct to say that the company has 3,000 physical units in the production.
