Answer:
a. $6.00
Explanation:
Earnings per share on common stock or preferred stock is both after providing for interest and tax expense, therefore earnings per share of $10 would increase owner's equity by $10 100,000 shares = $1,000,000
Provided net increase recorded in equity = $400,000
Thus dividend paid = $1,000,000 - $400,000 = $600,000
Dividend per share = $600,000/100,000 = $6 per share.
Interest paid by corporation B is not to be considered as this is paid before calculating Earnings per share.
Correct option is
a. $6.00
Answer:
Equipment and properties one plans to use over a long period of time
Explanation:
Fixed asset or non - current asset are also referred to as capital assets. They include those assets of a firm which cannot be consumed or converted into cash with a year. Usually fixed assets forms part of a firms operational equipment or asset. Fixed assets include ; machineries such as powering plants and operational machines and equipments. In general, properties, plants and equipments owned by an organization or business constitutes its fixed or capital assets.
waiters and people who serve your food
Answer:
FV= $21,887.13
Explanation:
Giving the following information:
Initial investment= $15,000
Number of periods= 6 years
Interest rate= 6.5% compounded annually
T<u>o calculate the future value of the investment, we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 15,000*(1.065^6)
FV= $21,887.13