Answer:
Wildhorse’s 2020 earnings per share is $3.79
Explanation:
The computation of the earning per share is shown below:
Earning per share = (Net income - preference dividend) ÷ (Average weighted of common outstanding shares)
where,
Net income and the preference dividend is $1,021,600 and $265,100
And, the number of shares are 199,600 shares
Now put these values to the above formula
So, the value would equal to
= ( $1,021,600 - $265,100) ÷ (199,600 shares)
= $3.79 per share
<span>Ans : Unanticipated inflation benefits debtors at the expense of creditors. The statement is True.
When the inflation is unexpectedly high, the Real Interest Rate is lower than anticipated thats why it hurts lenders but benefits borrowers.</span>
The one that has limited liability for its owners, but passes income through to its investors and avoids double taxation is option C. S Corporation. Read below about S Corporation.
<h3>What is S Corporation?</h3>
A variation on the standard corporation model is the S corporation. An S corporation passes its income through to its owners, so that the entity itself does not pay income taxes. The owners report the income on their tax returns, thereby avoiding the double taxation that arises in a regular C corporation.
Therefore, the correct answer is as given above
learn more about S corporation: brainly.com/question/13187927
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The complete question goes thus:
Which of the following has limited liability for its owners, but passes income through to its investors and avoids double taxation
A. C Corporation
B. Partnership
C. S Corporation
D. Types of Business Entities
Answer: 12,000
Explanation:
Given that,
Stockholder's equity at the beginning of the year = 70,000
Stockholder's equity at the end of the year = 60,000
Dividends = 22,000
Net Income = Ending Balance + Dividends - Beginning Balance
= 60,000 + 22,000 - 70,000
= 12,000
Therefore, the net income for the year was 12,000.
