Answer:
E) $2.31
Explanation:
Shares offered to Firm B = Shares outstanding * 0.5
= 220 * 0.5
= 110 shares
Total shares of firm A after merger = Shares outstanding before merger + Shares offered to Firm B
= 750 + 110
= 860 shares
Total earnings of firm A after merger = $1,250 + 740
Total earnings of firm A after merger = $1,990
Earnings per share of firm A after merger = Total earnings of firm A after merger / Total shares of firm A after merger
Earnings per share of firm A after merger = $1,990 / 860
Earnings per share of firm A after merger = $2.31 per share
Answer:
The answer is 8 years
Explanation:
FV= PV(1+r)^n
Where
PV= let's assume PV is $100
FV = Since FV will be doubled, the we have $200($100 x 2)
n= ?
r= 9percent
Let us use the rule of 72 which states that an investment will double when:
Annual Investment Rate x Number of Years = 72.
Number of years = 72/9
= 8 years
The investment is doubled in 8 years at the rate of 9percent
<span>Jeremy is working on a spreadsheet, the processing of the information processing cycle will justify Jeremy’s use of the spreadsheet and give the final output. </span><span>Applying instructions to data takes place during the </span>PROCESSING <span>stage of the information processing cycle.</span>
I know you need income statements, tax returns, and a credit check. I just went through this. First, they run your credit with a "soft pull". Then they request income verification to figure out your debt to income ratio and what you can afford/qualify for. Then they want to see your tax returns to prove that income, and how long you've had it.
Answer:
Estimated manufacturing overhead rate= $32 per direct labor hour
Explanation:
Giving the following information:
At the beginning of the current year, management estimated that $672,000 in overhead costs would be incurred and the company would produce and sell 2,000 units of the flexible model and 10,000 units of the rigid model.
The flexible model requires 3.0 hour(s) of direct labor time per unit, and the rigid model requires 1.50 hour(s).
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base=
Estimated manufacturing overhead rate= 672,000/(2000*3 + 10000*1.5)= $32 per direct labor hour
