Answer:
People have been very bad lately
What’s a good starter?
On December 31, 2020, Dow Steel Corporation had 770,000 shares of common stock and 47,000 shares of 9%, noncumulative, nonconvertible preferred stock issued and outstanding. Dow issued a 5% common stock dividend on May 15 and paid cash dividends of $570,000 and $86,000 to common and preferred shareholders, respectively, on December 15, 2021. On February 28, 2021, Dow sold 68,000 common shares. In keeping with its long-term share repurchase plan, 4,000 shares were retired on July 1. Dow's net income for the year ended December 31, 2021, was $2,950,000. The income tax rate is 25%.
Required:
Compute Dow's earnings per share for the year ended December 31, 2021. (Do not round intermediate calculations. Enter your answers in thousands. Round "Earnings per share" answer to 2 decimal places.)
Numerator/Denominator= Earnings per share
Numerator?
Denominator?
Earnings per share?
The earning per share will be "$3.30". A further solution is provided below.
Given:
Common stock,
= 770,000
Paid cash dividends,
= $570,000
Income tax rate,
= 25%
Common and preferred shareholders,
= $86,000
For the year ended, Dow's net income,
= $2,950,000
According to the question,
→ The weighted average number of shares outstanding will be:
= [tex]770000\times \frac{12}{12}[/tex]
= [tex]770000\times 1.05[/tex]
= [tex]808,500[/tex]
or,
= [tex]68,000\times \frac{10}{12}[/tex]
= [tex]56667\times 1.05[/tex]
= [tex]59,500[/tex]
or,
= [tex]4000\times \frac{6}{12}[/tex]
= [tex]\frac{4000}{2}[/tex]
= [tex]2000[/tex]
The total weighted average will be:
= [tex]808,500+59,500+2000[/tex]
= [tex]870,000[/tex]
hence,
The Earning per share will be:
= [tex]\frac{2,950,000-86,000}{870,000}[/tex]
= [tex]\frac{2,864,000}{870,000}[/tex]
= [tex]3.30[/tex] ($)
Thus the above is the right answer.
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When Henry first began his real estate career, he focused on residential properties. As he gained more experience, he found that he really enjoyed helping business owners find warehouses for their products, or properties where they could conduct manufacturing activities. Of the primary categories of real estate, what types of properties does Henry handle
Answer:
I think it is wharehosues
Explanation:
wharehosues
The expen Accounting changes are often made and the monetary impact is reflected in the financial statements of a company even though, in theory, this may be a violation of the accounting concept of se recognition principle states that expenses should be matched with revenues. Another way of stating the principle is to say that:
Another way of saying the above is that d. efforts should be matched with accomplishments.
The Matching Principle in Accounting falls under the Accrual basis which means that expenses should be matched to the period they were incurred and revenue should be matched to the period it was received for.
This ensures that the expenses match the revenue. Another way to say this is that efforts should be matched with their accomplishments because the business incurred expenses as efforts in a period in order to be able to get revenue as accomplishments in that same period.
For example, a business paying salespeople $30,000 in a year are doing so because they hope those salespeople will sell more than that $30,000 in that same year.
In conclusion, matching expenses to revenue is like matching efforts to accomplishments.
For more information on the Accrual basis take a look at https://brainly.com/question/13464862.
Which of the following items is an example of an overhead expense?: (A)Rent on a factory. (B)Electricity, most of which is used to power a plant's machinery. (C)Raw materials used in manufacturing. (D)Shipping costs on goods sold. (Hint: Remember that overhead expenses are fixed costs, which must be paid regardless of the amount of business done.)
In your job as an agent, you receive a monthly salary of $500 plus 3% commission on all of your listings that sell and 2.5% of all of your sales. None of the listings you took sold last month, but you received $7,350 in salary and commission. What was the value of the property you sold
If the book value per share is $40 and the market price is 52.50 per share calculate the required rate of return on the stock.
Answer:
0.11 or 11%
Explanation:
The computation of the required rate of return is given below:
Required Rate of Return is
= Next Year Dividend ÷ Current Market Price + Growth Rate
= $3.15 ÷ $52.50 + 0.05
= 0.06 + 0.05
= 0.11 or 11%
working note
Given that
Current Market Price = $52.50
As we know that
Growth Rate = Return on Equity × Retained Earning Ratio
Now
Return on Equity = EPS ÷ Book Value of Share
= $5 ÷ 40
= 12.50%
So,
Retained Earning Ratio is
= 1 - Dividend Payout Ratio
= 1 - 0.60
= 0.40
And,
Dividend Payout Ratio = DPS ÷ EPS
= $3 ÷ $5
= 0.60
Now
Growth Rate = 12.50% × 0.40
= 5%
So,
Next Year Dividend = Dividend Recently paid × (1 + growth rate )
= $3 × 1.05
= $3.15
You are an engineer and a manager at an aerospace company with an important government contract supplying parts for a space shuttle. As an engineer, you know that a projected launch would face unknown risks because the equipment for which you are responsible would be operating outside its tested range of behaviors. However, since you are also a manager you know how important it is to your company that the launch be carried out promptly. Should you:
Answer: Allow your judgment as an engineer to override your judgment as a manager, and do not permit the launching.
Explanation:
Allow your engineering judgment to take precedence over your managerial judgment, and do not allow the launch.
What is ethics explain about professional engineering and personal ethics?Engineers must admit their mistakes and not distort or alter the facts. Engineers must notify their clients or employers if they believe a project will fail. Engineers must not accept outside work that interferes with their regular work or interests.
Engineers should adhere to their professional ethics code for the following reasons: It helps them avoid legal issues, such as being sued. It defines clearly what the public has a right to expect from responsible engineers. It improves the image of the profession, resulting in higher pay for engineers.
Ethics are principles that are followed based on a person's sense of moral responsibility.Engineering ethics is the study of related questions about moral ideals, character, policies, and relationships of people and organizations involved in technological activity.
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# SPJ 2
Joshua annual salary is 32,824 what percent monthly salary is used for monthly apartment rent of 684
Answer:
His 25 percent salary would be used.
Annual salary :32,824
Month in 1 year :12
Annual salary divide by 12= 2735.33
then 1 month rent divide by 1 month salary(2735.33) multiple by 100% = 25 %
Pls help pls
Why is there a huge demand of professionals in the field of agriculture??
Austin's total fixed cost is $4,000. Austin employs 20 workers and pays each worker $120. The average product of labor is 2, and the marginal product of the last worker hired is 10. What is the marginal cost of the last unit produced by the last worker Austin hired
Answer:
$12
Explanation:
Marginal cost may be defined as the change in the cost of production resulting from the production of one more additional unit of an item.
Hence, it is the ratio of the change in cost of production and the change in quantity produced
Marginal cost = (change in total cost / change in quantity)
The marginal cost of the last unit produced by the last worker hired is :
Hiring cost of the last worker / marginal product of the last worker
Hiring Cost per worker = $120
Marginal product of last worker = 10
Hence,
Marginal cost = $120 / 10 = $12
One of the strengths of Six Sigma program's has been its a.laser-like focus on worker satisfaction. b.clarity of process and the steps companies must take to adopt it. c.contribution to research in production quality. d.increase in customer loyalty.
Your client Jacinta is being pressured by her mortgage broker to lie on her loan application. The mortgage broker promises it will make the underwriting process easier, and that it's a normal way to get a better interest rate. Which statement BEST describes the situation
Answer:
This is a red flag for predatory lending AND mortgage fraud.
Explanation:
Considering the situation above, the statement that BEST describes the situation above is that "This is a red flag for predatory lending AND mortgage fraud."
This is because the act of cheating or fraudulent pursuits of some lenders during the loan process is known as predatory lending, in which lying during loan application is part of it.
Also, fraudulent activities such as misstatement, misrepresentation, or omission about a mortgage loan process are considered a mortgage fraud
discuss the steps of growing mushrooms
not a too long answer
Answer:
The Pennsylvania State University,
College of Agriculture, Extension Service,
University Park, Pennsylvania
Mushroom farming consists of six steps, and although the divisions are somewhat arbitrary, these steps identify what is needed to form a production system.
The six steps of mushroom farming:
Phase I
1. Composting
Phase II
2. Composting
3. Spawning
4. Casing
5. Pinning
6. Cropping
Imagine you’re working on a client’s launch pad website. Three weeks from the proposed launch date, the client comes to you with an idea for a new section of the website they would like to implement for the initial launch. How should the strategist respond to the client’s new idea?
Answer:
Ask a series of questions to better understand the new idea; then, strongly recommend that all new ideas be considered and built after the initial launch pad goes live.
Talk to your team about the effort required to implement the client’s new idea. Then slide the launch date back the required five days to implement the new idea.
They should wait to mention any new ideas until after the first six months because the launch pad and first six months of the continuous improvement cycles are already planned out.
Explanation:
The top-down method for estimating project time and cost that uses weighted variables based on major parameters and is frequently used in the development of software is known as the ____________ method. Multiple Choice ratio consensus learning curves apportion function point
Answer:
function point
Explanation:
The top-down method for estimating project time and cost that uses weighted variables based on major parameters and is frequently used in the development of software is known as the FUNCTION POINT METHOD
This is because, in the computer technology industry, the Function Point method is a type of strategy that is utilized in measuring software development projects.
It is considered to be a weighted macro variable such as volume of inputs, the volume of outputs, the volume of inquiries, volume of data files, and volume of interfaces.
_______________________ the failure rate for businesses in the Amish community hovers around 5 percent.
(A) Unlike mainstream American businesses, more than half of which fail
(B) Unlike mainstream American businesses, in which the failure rate is more than half
(C) Unlike mainstream American businesses, where more than half of them fail
(D) While the rate of mainstream American businesses failing is more than half
(E) While more than half of mainstream American businesses fail
Answer:
(D) While the rate of mainstream American businesses failing is more than half
Explanation:
i think im not so sure
Answer:
Yeah its D
Explanation:
Sirius Cybernetics Corp. produces touch-enabled wearable devices. Its research and development team recently became aware of a new, open-source technology produced by a firm overseas that would improve the processing speed and battery life of all Sirius Cybernetics devices. In this scenario, Sirius Cybernetics would be best served to embrace
A. open innovation.
B. closed innovation.
C. disruptive innovation.
D. radical innovation.
In the given situation, Sirius Cybernetics should be best served as the open innovation.
The information related to open innovation should be as follows:
The motive of using the inflows and outflow of the knowledge in order to accelerate internal innovation.It is also be used for diversifying the market for innovation purposes.It is for promotion purposes with respect to innovation & the awareness of the new and open technology source.It cannot be a closed innovation, disruptive innovation, and radical innovation.
Therefore we can conclude that Sirius Cybernetics should be best served as open innovation.
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Give four future of labour
MARK "BRIANLIEST!"
1. Government. Government holds much sway over the free markets. ...
2. International Transactions. The flow of funds between countries effects the strength of a country's economy and its currency.
3. Speculation and Expectation.
4. Supply and Demand.
MARK "BRIANLIEST!"
write any five different between of profession and professional education.
Answer:
Profession is a field or work of life,which you choose in order to become a professional of that field. For example, Teaching is a profession and am a teacher which makes me a professional of that
Internal controls Group of answer choices consist of policies and procedures designed to provide reasonable assurance that the company achieves its objectives and goals. are implemented by and are the responsibility of the auditors. only apply to SEC companies. guarantee that the company complies with all laws and regulations.
Answer:
consist of policies and procedures designed to provide reasonable assurance that the company achieves its objectives and goals
Explanation:
Internal control refers to the policies and procedures that the management should be used for attaining the goals and objectives. It provides an environment where the managers and staff could maximize the efficiency and effectiveness of the day to day operations
So as per the given situation, the above statement should be true
please help me fill the boxes Subject Science chapter8 cell-Structure and function class 8th
this is the answer I got from my text book
make me brainlist
In the early 1990s, Gatorade dominated the market for sports drinks, a segment in which it had been the original innovator. For decades, Coca-Cola had been a leader in marketing, bottling, and distributing soft drinks. However these drinks did not include a sports drink. Soon after Gatorade appeared, Coca-Cola developed and marketed its own sports drink, Powerade. In this example, Coca-Cola Question 28 options: built new core competencies to protect and extend its current market position. built new core competencies to create and compete in markets of the future. leveraged core competencies to improve current market position. redeployed and recombined core competencies to compete in markets of the future.
In this example, Coca-Cola built new core competences to protect and extend its current market position.
Coca-cola developed and marketed Powerade by building new core competences in the manufacturing and marketing of sports drinks.
Its purpose for building the new core competences was so that it could protect and extend its current market position as a leader in the marketing, bottling, and distribution of soft drinks.
Thus, Coca-cola did not leverage its core competencies to improve its current market position, nor did it build, redeploy, or recombine core competencies for its future market competition in the soft drinks industry.
Thus, Coca-cola wanted to protect its current market position in the soft drinks industry because of the presence of Gatorade.
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what do you understand by international employment
Thomas, the Department Head of the meat processing unit of a food manufacturing company, refuses to allow an OSHA (Occupational Safety and Health Administration) compliance inspector to carry out the inspection process. In this scenario, what action can the OSHA inspector take
The action that should be taken by the OSHA inspector is to generate the search warrant so that they could enter into a unit.
The inspection process is the process where the inspection could be done with regard to
Quality of products. Identify the defective products if any.Reveal any hazardous product if any.Since the department head of food manufacturing company refuses to allow an OSHA for carrying out an inspection process so for this:
The search warrant should be produced so that they could be able to enter into the unit and check whether everything is fine or not. If anything is not fine so the proper penalty should be charged for the same.Therefore we can conclude that The action that should be taken by the OSHA inspector is to generate the search warrant so that they could enter into a unit.
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What is the difference between revenue and profit?
Answer:
Revenue is the total amount generated by the sales of goods or by services related to company's primary operations. However, profit is the amount of income left after accounting for all expenses, debts and etc.
How much does one need to have to open a bank
1. What is a business plan?
Answer:
It's simple, what you want to do with your business. Or what your planning to do with it.
The President of a small company owns 100% of the company's stock. The President sells some of the company's stock to four employees and officers of that company without taking a commission. Under the Uniform Securities Act, the President is:
Answer:
B
Explanation:
it is because selling securities in an exempt transaction , so no registration is required.
What are the basic points to be considered while running the occupation? for each of them
Answer:
interest
qualification
skills
finance
