Answer:
$1.7
Explanation:
From the question above Kirova company recorder the following information
Number of issued common shares is 990,000
Net income is $1,436,500
Number of authorized common share is 1,000,000
Weighted average income of outstanding common shares is 845,000
Number of treasury shares is 145,000
The formular to calculate the earning per share is
= Net income/Outstanding shares
Net income= $1,436,500
Outstanding shares= number of issued common shares- number of treasury shares
= 990,000-145,000
= 845,000
Therefore, the earnings per share can be calculated as follows
= 1,436,500/845,000
= $1.7
Hence Kirova's earning per share is $1.7
Answer:
Low-priced inventory with high turnover
Explanation:
GOT IT RIGHT IN QUIZ
Answer:
The correct option is A,$8.10
Explanation:
The post merger earnings per share of the combined business is the post merger earnings divided by the post merger weighted average number of shares .
Post merger earnings is $43,740,000
Post merger number of shares is combination of Essex shares before merger plus the equivalent shares given to Twinsburg shareholders in the new company.
Essex shares 5,000,000
Twinsburg(0.4/1*1,000,000) 400,000
Total post merger shares 5,400,000
Earnings per share post merger= $43,740,000/5,400,000=$8.10
The correct option is A.
Answer:
A. elastic.
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is elastic when a change in price leads to a change in quantity demanded. The coefficient of elasticity for elastic demand is usually greater than one.
Demand is inelastic when a change in price has no effect on quantity demanded.
The absolute value of the coefficient of elasticity for inelastic demand is usually less than 1.
Demand is unitary when a change in price leads to an equal proportional change in quantity demanded.
The absolute value of the coefficient of elasticity for unitary demand is usually equal to one .
I hope my answer helps you.
Answer
Forming Relationships
Explanation
This type of connection is business oriented in that a person <u>will have a chance to learn new business ideas from the people he or she meets. </u>Through interaction with the new contacts, <u>a business person could learn new wisdom from others</u>. Other reasons could be; <u>to acquire new clients for the business, gain friendship that could open more opportunities and acquiring of important resources in life.</u>
