Who is responsible for maintaining a personal health record?

Elite Trailer Parks has an operating profit of $282,000. Interest expense for the year was $39,200; preferred dividends paid wer

AleksAgata [21]

Answer:

(a) $5.87 per share ; $1.585 per share

(b) $110,700

Explanation:

(a) Earnings per share:

= (Operating profit - Interest expense - tax - preferred dividends) ÷ common stock outstanding

= ($282,000 - $39,200 - $61,700 - $29,500) ÷ 25,800

= $151,600 ÷ 25,800

= $5.87 per share

Common dividends per share for elite trailer parks:

= Dividend paid ÷ common stock outstanding

= $40,900 ÷ 25,800

= $1.585 per share

(b) The increase in retained earnings for the year:

= $151,600 - common dividend paid

= $151,600 - $40,900

= $110,700

8 0

3 years ago

Elite Trailer Parks has an operating profit of $293,000. Interest expense for the year was $38,800; preferred dividends paid wer

True [87]

Answer:

The earnings per share and the common dividends per share for Elite Trailer Parks is $7.78 and $1.82 respectively.

Explanation:

The computation is shown below:

Earning per share = (Net income) ÷ (Number of shares)

where,

Net income = Operating profit - Interest expense - tax - preferred dividends

= $293,000 - $38,800 - $65,500 - $31,500

= $157,200

And, the number of shares are 20,200 shares

Now put these values to the above formula

So, the value would equal to

= ($157,200) ÷ (20,200 shares)

= $7.78 per share

Common Dividend per share = (Common dividend) ÷ (number of shares)

= ($36,900) ÷ (20,200 shares)

= $1.82 per share

6 0

3 years ago

Drag each label to the correct category. the economy of a country has been growing at an annual rate of 8%. determine the causes

Alex787 [66]

Cause: human capital investment, physical capital investment

Effects: improvement in living standards, social and community development

<h3>What does Economic growth indicate?</h3>

Economic growth rates indicate how quickly the economy is expanding and are calculated by comparing the economic output (measured as the Gross Domestic Product or GDP) of two successive periods.

<h3>What are the effects of Economic growth?</h3>

A greater variety of goods and services are now available and ready for consumption in the country.

High employment levels are required because workers are required to manufacture such a large quantity of goods and services. Employment figures have risen in tandem with GDP growth.

More employment boosts aggregate demand and generates additional growth as businesses continue to try to meet all demand.

As demand rises, prices are likely to rise as well, so economic growth would raise the inflation rate.

Increased productivity and the adoption of new technologies ma

To learn more about Gross Domestic Product or GDP from the given link

brainly.com/question/3200071

#SPJ4

5 0

1 year ago

Studying ________ can help you develop skills and acquire knowledge to prepare for your future career, regardless of whether you

Hatshy [7]

Studying Business can help you develop skills and acquire knowledge to prepare for your future career, regardless of whether you plan to work for a multinational Fortune 500 firm, start your own business, work for a government agency, or manage or volunteer at a nonprofit organization.

Explanation:

A Business is defined as a commercial, industrial or professional organization or business entity. Companies may be profitable organizations or non-profit organizations which operate to carry out a charity mission or a social cause.

Business vary from a single company to an international corporation. Many theories relate to business management, including organizational behaviour, corporate theory and strategic management. The individuals have been engaged in business since ancient times; businesses have historically engaged in commodities, commercial guilds or mutual agricultural production.

5 0

3 years ago

What type of interest group seeks the betterment of society as a whole or the reform of the political, social, or economic syste

CaHeK987 [17]

Answer:

The correct answer will be "Non-economic interest groups ".

Explanation:

Such special interests as well as define the classifications of non-monetary or economic interest groups but mostly their serving congressional districts. Citizen organizations are structured around the purposeful rewards that are reasons to facilitate a causation one specializes throughout.
This is indeed a party that aims to change almost everything in the community or overhaul the democratic, social structure in a way that still does not ultimately affect the campaign coffers of the participants.

7 0

4 years ago