McFarlane, Inc. reports the following information:

Company X had net income of $200,000 in the year 2016. At the beginning of 2016, there were 500,000 shares of outstanding common

EleoNora [17]

Answer:

Basic earning per share $0.21 per share

Explanation:

Basic Earning per share = ( Net Income - Preferred stock dividend ) / Weighted Average outstanding shares

Basic Earning per share = ( $200,000 - $50,000 ) / 700,000

Basic Earning per share = $150,000 / 700,000

Basic Earning per share = $0.2143 / share

Weighted average Outstanding shares = 500,000 + 200,000

Weighted average Outstanding shares = 700,000 shares

5 0

3 years ago

During lewin's refreezing stage, managers should __________.

In-s [12.5K]

They should reinforce the desired change in the employees.

The brainest answer would be appreciated.

3 0

4 years ago

Sheryol is helping Stasia specify who the supervisors are in her business, who the managers are who oversee the supervisors, who

zysi [14]

Answer:

Organizational chart

Explanation:

An organizational chart is a diagram that visually conveys a company's internal structure by detailing the roles, responsibilities, and relationship between individuals within an entity. Organizational charts either broadly depict an enterprise company-wide or drill down to a specific department or unit.

This is the best device Steryol can use to describe or make the process of understanding the structure of an organisation.

8 0

4 years ago

True or false: The first decision that is necessary to make merchandise flow is to choose a transportation company.

pantera1 [17]

Answer:

False

Explanation:

What is a transportation company called?

Courier companies are usually spin-offs from freight forwarders.
There are various types of courier companies, such as airfreight courier companies or road couriers.

To learn more about it, refer

to brainly.com/question/25689052

#SPJ4

8 0

2 years ago

Arundel Company uses percentage of sales to estimate uncollectibles. At the end of the fiscal year, December 31, 2018, Accounts

oksano4ka [1.4K]

Answer:

The dollar amount that should be credited to Allowance for Uncollectible Accounts at year end is $ 12,100

Explanation:

Providing allowance for doubtful debts

A provision is made for the debts which are likely to be uncollectable by a company.This amount is used to adjast the Trade Receivable balances to show a faithful representation of assets a beusiness has at end of year.

Calculations

December 31, 2018 Arundel Company`s Allowance for Doubtful debts is calculated as follows

Credit Sales × % of allowed provision

$805,000 × 2.0%

$16,100

Adjastment to be done in Allowance for Doubtful Debts Account:

Hint : Open Allowance for Doubtful Debts T Account:

Credits :

Opening Balances 4,000

Balancing Figure (Profit and Loss) 12,100

Totals 16,100

Debit:

Closing Balance 16,100

Totals 16,100

5 0

3 years ago

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