Solution:
Numerator (Basic EPS): Net income = $900 million;
Preferred dividends = $27 million (9% x $100 = $9/share x 3 million;
Since the preferred stock is cumulative, the dividend is deducted whether or not paid)
Denominator (Basic EPS): Weighted average # shares of common stock outstanding
1/1 – 12/31 => 540 x (12/12) => 540 x 1.05 = 567
3/1 – 12/31 => (24) x (10/12) = (20) x 1.05 = 21
10/1 – 12/31 => 4 x (3/12) = 1
= 567 - 21 - 1 = 547
Weighted average # shares 190
Basic EPS = ( $900 - $27 ) ÷ $547
= $873 ÷ $547 = 1.59
The step that should taken action of this is to have your co-workers to ask whether if they have an actual evidence of this incident. They should not talk about other employees when they don't even know what the real story behind it and if ever they have anything that they are trouble to, they should seek someone who will be of assistance to them to fix the problem.
Answer:
Explanation:
Suppose Ruston Company had the following cash flow results for 2019: Net Cash Flow from Operating Activities of $9,100,000 Net Cash Flow from Investing Activities of -$4,300,000 Net Cash Flow from Financing Activities of $3,400,000 Create a statement of cash flows with amounts in thousands. What is the Net Cash Flow?
<span>Law of Diminishing Marginal Returns (LDMR). As in Economic theory, there will be fixed and variable factors of production in the short run. This would imply that beyond a certain level of production, the next unit of variable factor added to the production would result in a lower output as compared to the previous unit of variable input that was added to the production. This is ultimately due to the over usage of the fixed factors of production (such as machinery and infrastructure) and resulting in a less "efficient" amount of output due to the physical operating limits of fixed factors of production. As such in the short run, MR will slope downward if the firm is producing beyond its most efficient point of production to ensure more products can be produced given a limited amount of time.</span>
Answer:
agreed
Explanation:
In simple words, the modern business environment is such that an unethical firm will not survive for long in the market. Thus, it is mandatory for firms to be ethical in every way. A CEO of a company represents the company and can considerations the face of the entity, thus, his or her authority obliges him or her to act and make others act in an ethical manner.
The value statements and code of ethics should be considered as must for the operative activities as it serves as a code of conduct for followers.
