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Ivenika [448]
2 years ago
7

Mayan Company had net income of $34,000. The weighted-average common shares outstanding were 8,500. The company has no preferred

stock. The company's earnings per share is:
Business
1 answer:
Sindrei [870]2 years ago
6 0

Answer:

The company's earnings per share is $ 4.

Explanation:

EPS earning per share is an indicator widely used by investor of stock market in order to determine market value of their investment. EPS is directlty proportional to stock price.

EPS is calculated by dividing net income with outstanding common shares.

EPS = Net income/ outstanding common shares

EPS = 34,000/8,500 = $ 4

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Neighbors Bicycles needed more bicycle seats. It decided to order gel seats in addition to the traditional seats it had always o
Eva8 [605]

Answer:

The answer is: Modified rebuy

Explanation:

A modified rebuy happens when a company (or an individual consumer) will buy a product or service which it has already purchased in the past. But now the company wants to change either the supplier, the product's specifications (e.g. gel seats) or the terms of the sale.

7 0
1 year ago
During the month of March, Sunland Company’s employees earned wages of $79,000. Withholdings related to these wages were $6,044
Brilliant_brown [7]

Answer:

The Journal entry is as follows:

On March 31st,

Salaries and Wages Expense A/c Dr. $79,000

To Wages Payable                                              $59,377

To Federal Withholding Payable                        $9,258

To FICA Payable                                                  $6,044

To State Withholding Payable                            $3,827

To Union Dues Payable                                      $494

(To record the salaries and wages expense and salaries and wages payable)

6 0
1 year ago
Denmark Corporation's variance report for the purchasing department reports 1,000 units of material A purchased and 2,400 units
Nadusha1986 [10]

Answer:

Total material price variance= $380 favorable

Explanation:

Giving the following information:

Material A:

Purchase= 1,000 units

Purchase price= $2.1

Standard price= $2

Material B:

Purchase= 2,400 units

Purchase price= $2.8

Standard price= $3

<u>To calculate the total material price variance, we need to use the following formula on each material:</u>

<u></u>

Direct material price variance= (standard price - actual price)*actual quantity

<u>Material A:</u>

Direct material price variance= (2 -2.1)*1,000

Direct material price variance= $100 unfavorable

<u>Material B:</u>

Direct material price variance= (3 - 2.8)*2,400

Direct material price variance= $480 favorable

Total material price variance= -100 + 480

Total material price variance= $380 favorable

3 0
2 years ago
Consider this argument: "if richard graduated with honors, then richard maintained a gpa of 3.2 or higher. it is not the case th
Sav [38]

This is an Affirming the Consequent argument. It is the name of an invalid conditional argument form or an invalid form of the modus ponens.

This is easily identified by remembering that any argument that affirms the consequent is invalid.

8 0
1 year ago
How is a cost-leader protected from threats from powerful suppliers? It is able to create a significant difference between perce
puteri [66]

Answer:

Option B (By embracing lower operating costs it's much more likely to handle price rises) is the correct choice.

Explanation:

  • Cost management or leadership seems to be an organizational practice introduced by Michael Porter. This helps build organizational competitive benefits. Price leadership relates to supplying the market with the cheapest operating costs, which varies from the pricing strategy.
  • Sometimes it is driven by performance, size, complexity, reach, infrastructure as well as the perspective of the organization.

Some other options given should not be concerning the condition in question. And the correct response would be alternative B.

5 0
2 years ago
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