Answer:
The basic earnings per share for the present year is $7.36 per share
Explanation:
The basic earnings per share for the current year of Comma is computed as:
= (Net Income - preferred stock) / Outstanding shares
where
Net Income is $200,000
Preferred stock is computed as:
= Shares × 10% × Price × 10%
= 8,000 × 10% × $20 
= 800 × $20
= $16,000
Outstanding shares - 25,000
Putting the values above:
= ($200,000 - $16,000) / 25,000
= $ 184,000 / 25,000 shares
= $7.36 per common share
 
        
             
        
        
        
<span>This would show that Will does not have a homothetic preference for hamburgers. Such preferences are shown to not be effected by income or scale, and since Will has changed his eating preferences based upon this new source of income, such a description would not fit this good.</span>
        
             
        
        
        
The main purpose of price/sales multiple ratio is typically only for the purpose of valuation of firms having no earnings till the date of valuation. Therefore, the given statement holds true. 
<h3>What is the significance of Price/Sales ratio?</h3>
Price/Sales ratio can be referred to or considered as a ratio that is used to determine the total sales made by the company without earning any profits over their sales at a given price. 
Investors use this ratio in order to valuate a firm based on the sales they have made in multiples, however without earnings, that can prove to derive good investment returns in the future. 
Therefore, the aforementioned statement regarding price/sales ratio holds true. 
Learn more about price/sales ratio here:
brainly.com/question/14856408
#SPJ4
 
        
             
        
        
        
Answer:
0.98%
Explanation:
Note: Options provided is slightly different for this question
EAR = (1+APR/m)^m - 1  
EAR = (1+0.069/12)^12 - 1
EAR = (1.00575)^12 - 1
EAR = 1.07122449517 - 1
EAR = 7.12%
Hence, higher EAR  charged by Woodburn versus the rate charged by Southwestern = (8.1% - 7.12%) = 0.98%
 
        
             
        
        
        
Answer:
$11,025
Explanation:
From May sales, Total Credit sales = $21,000*70% = $14,700
Cash Collected in May (for sales) = Total Credit sales * 25%
Cash Collected in May = $14,700*25%
Cash Collected in May = $3,675
Accounts Receivables Balance = Total Credit sales (May) - Cash Collected in May
Accounts Receivables Balance = $14,700 - $3,675
Accounts Receivables Balance = $11,025
So, the budgeted accounts receivable balance on May 31 is $11,025.