Answer:
$1.12
Explanation:
Basic earnings per share is the standard calculation of the portion of a company's income that is earned or returned on one share of its common stock.
The formula for Basic Earnings Per Share is = Net Profit - Preference Dividend / Weighted Average Number of Shares
Weighted average number of shares can be obtained by multiplying the number of outstanding shares by the portion of the reporting period those shares covered.
Therefore applying the above to the scenario we have: 2000000/ [1500000+(500000*7/12)] = 2,000,000/1,791,667 = $1.12
Yes they do, it's all part of the process
The Employees of the firm's production department lack clarity in decisions regarding quality standards for manufacturing. :)
Answer:
It is True that Bertrand and Mullainathan create fictitious housing applications in the article.
<u>Explanation:</u>
Yes, fictitious housing applications were created by Bertrand and Mullainathan. They were NBER Faculty research fellows. They experimented and send resumes with fictitious housing.
Bertrand and Mullainathan wanted to find discrimination against African-Americans. So they mention in their resumes fictitious details regarding housing like a wealthier neighborhood with the more white population. Such resumes received more calls as compared to resumes where the housing of African-Americans was not wealthier.
Answer:
a) To verify transactions have the correct date assigned to them
c) To verify that all transactions have been recorded for the period
d) To verify that previously reconciled transactions have not been changed since the last reconciliation
Explanation:
It is very important that one reconciles their bank and credit card accounts and some of the reasons are;
To ensure that transactions occurred on the correct date. This is important because it ensures that fraud has not been committed and that transactions are being recorded accurately.
To ensure that all transactions for the period have been recorded. This is to ensure that the balance on the card is reflective of what has actually transpired in the period.
To ensure that the previously recorded transactions have not changed. This is done to ensure that you are not incurring any costs that yu may be unable to trace.