Answer:
Earning per share for the year 2016 is $2.68
Explanation:
For computing the earning per share, we have to use the formula of earning per share which is shown below:
= Net income ÷ total number of outstanding shares
where,
Net income is $937,500
And, the total number of outstanding shares equals to
= 2015 shares + 2016 shares
= 300,000 + 50,000
= 350,000
Now put these values to the above formula
So, the earning per share would be equals to
= $937,500 ÷ 350,000 shares
= $2.68
The earning after tax is not considered. Thus, it is ignored.
Hence, earning per share for the year 2016 is $2.68
Collision insurance cover damage
Answer:
Q2. B
Because a management is basically Base of separation of powers where all organs get work to do
Q3. A
Q4. B
Answer:
$535,000
Explanation:
The computation of the Latham's basis in the building is shown below:
= The material cost + direct labor cost + worker pension cost + architectural fees + depreciation on equipment + interest paid during the year
= $300,000 + $150,000 + $5,000 + $15,000 + $25,000 + $40,000
= $535,000
It includes both direct and indirect cost
Since we have to compute for the building so we do not considered the purchase value of land and the loan amount
Answer:
the correct answer is low inflation indicates steady growth
Explanation:
inflation can be explained as the increase in the general price level of a country over a specific period of time. this is an indicator of the rise in the price of the goods and services of a country and indirectly can show the standard of living, economic growth and the purchasing power of an economy.
Generally, the inflation is said to be in an healthier range when it is between 1% and 5%, it is regarded as good when it is below 10% and said to be unhealthy when it is over 10%.
when the inflation is low, the price levels rise systematically and gradually. this allows business and investors to predict the economy more accurately and preserves the purchasing power of the currency and money, which is good for both investments, national and international trade.
moreover, when the inflation is lower, the cost of capital financing remains low as well. and the real interest rates are higher too.