Answer:
$0.4433 and $0.425
Explanation:
The computation of the earning per share is shown below:
Earning per share is
= (Net income - preference dividend) ÷ (average shares outstanding)
For 2017, it is
= ($156 - $23) ÷ (300 shares)
= $0.4433
For 2018, it is
= ($188 - $18) ÷ (400 shares)
= $0.425
We simply applied the above formula so that the earning per share could be come for both the years
Answer:
42 days
Explanation:
Given that
Inventory conversion period = 50 days
Average collection period = 17 days
Payable deferral period = 25 days
Now The computation of the cash conversion cycle is shown below:
The cash conversion cycle = Inventory conversion period + Average collection period - Payable deferral period
= 50 days + 17 days - 25 days
= 42 days
Answer:
7.6 percent
Explanation:
Vaughn should offer 7.6 percent on its commercial paper.
This is calculated by adding the 0.2 credit risk premium to 0.1 percent liquidity premium + 0.3 percent tax adjustment + 7 percent annualized t bills rate.
= 0.1 + 0.2 + 0.3 + 7
= 7.6
Based on this Vaughn would offer 7.6 percent on its commercial paper.
Answer:
=$246,000
Explanation:
Intended sales 3500 units
Selling price =$60
variable costs 35% of sales price is 35/100 x 60= $21
Contribution margin is 65% of sales price = 65/100 x 60 = $39
Fixed costs =$78,000
Sales revenue to make $81,900 will be
operating income = total contribution margin -Fixed costs
$81,900 = TCM - $78,000
TCM = $81,900 +78,000
TCM= 159,900
TCM is a product of contribution margins and sales units
159,900 =$39 x sales units
sales units = 159,000/ $39
sales units = 4,100
sales revenue = sales units x selling price
=$60 X 4100
=$246,000
The recruitment source is EMPLOYEE REFERRAL.
Employee referral is an internal recruitment method which is usually employed by companies to identify potential candidates from the existing employee social network. The method is the most cost effective and efficient method for recruiting employees.
