Answer:
the company’s basic EPS is $37.14
Explanation:
Basic Earnings per share = Earnings attributable to holders of common stock ÷ Weighted Average Number of Common Stocks
<u>Step 1 : Calculation of Earnings attributable to holders of common stock</u>
This is given. It is the Net Income during the current year of $260,000
<u>Step 2 : Calculation of Weighted Average Number of Common Stocks</u>
Outstanding Stocks at the beginning of the year 10,000
Less Sold Stocks - On Weight Basis (6/12 × 6,000) 3,000
Weighted Average Number of Common Stocks 7,000
Therefore,
Basic Earnings per share = $260,000 ÷ 7,000
= $37.14
b) the footing of the debits exceeds the footing of the credits.
<span>Derek's
company was bidding on the construction of a new penguin display at a
world-famous zoo. when putting together his bid, derek began by
determining what the zoo would be willing to pay for the structure, and
then subtracting a reasonable profit for the company. the result would
be the cost of production. for example: if price to zoo = $6 million,
and company profit margin = $2 million, the cost to produce cannot
exceed $4 million. [$6 million - $2 million = $4 million.] the
demand-based pricing strategy in this example is called target costing.
</span><span>Target costing is an approach to determine a product's life-cycle cost
which should be sufficient to develop specified functionality and
quality, while ensuring its desired profit. It involves setting a target cost by subtracting a desired profit margin from a competitive market price.</span>
Answer:
Cyclical unemployment is the loss of jobs due to a recession or downturn in an economy.
Explanation:
Cyclical unemployment is a type of unemployment. It is also known as Keynesian or deficient-demand unemployment. This type of unemployment occurs when the overall demand in an economy is not enough to provide jobs to the people who want to work. Cyclical unemployment is observed during the periods of slow economic growth or recession.
Answer: skunk works
Explanation: In simple words, skunk works refers to the arrangement under which an individual or a group of individual are given a high degree of autonomy due to their special skills or idea.
These groups works within an organisation for some secret or technical projects and are not strictly monitors by the management for their performance. The group of individuals working is usually low in numbers as the projects they work requires knowledge more than the volume and labor force.
