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Paraphin [41]
2 years ago
11

At December 31, 2019, Bramble Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,506

shares $10,850,600 Common stock, $5 par, 4,024,760 shares 20,123,800 During 2020, Bramble did not issue any additional common stock. The following also occurred during 2020. Income from continuing operations before taxes $23,480,400 Discontinued operations (loss before taxes) $3,292,300 Preferred dividends declared $1,085,060 Common dividends declared $2,210,000 Effective tax rate 35 % Compute earnings per share data as it should appear in the 2020 income statement of Bramble Corporation.
Business
1 answer:
ale4655 [162]2 years ago
5 0

Answer:

The earnings per share for Bramble in 2020 is $2.99

Explanation:

This was arrived at by preparing income statement for 2020,where in the results from continued operations and discontinued were shown.

The income from continued operations attracted tax at 35% while the losses from the discontinued operations got a tax benefit at the same 35% tax rate.

Note that the earnings used in calculating earnings per share is net of preferred dividends as only earnings  attributable to ordinary shareholders are considered.

Find attached spreadsheet for the full blown income statement and the calculation of earnings per share.

Download xlsx
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_____ is the process of tapping information systems to extract and report data in organized ways that are helpful to decision ma
arsen [322]

Answer:

The answer is "Business intelligence".

Explanation:

It's a technology-based data mining system that allows managers, customers, and executives to make more informed marketing decisions as well as provides order to make efficient.

It is a system that implies a big data value, which is created as the authority of the data in the organization was being used as a tool.

4 0
1 year ago
The three parts of the external environment that affect a firm's strategic actions are:a. local, national, and global.b. industr
lisov135 [29]

Answer:

The correct answer is C. general, industry, and competitor.

Explanation:

The environment of a company is made up of constantly changing factors, both external and internal - that affect the operation of the organization. If a new competitor appears on the market, the business environment is affected. If key customers take their business elsewhere, managers feel the impact. And if technological advances date back to an organization's current methods of doing business, once again, the management environment has to adapt. The external environment of an organization are those factors external to the company that affect the ability of the company to function. Some external elements can be manipulated by the company's marketing, while others require the organization to make adjustments, monitor the core components of your company's external environment, and keep a close watch at all times.

4 0
2 years ago
On January 1, 20x1, the ABC Corporation purchased 80% of the XYZ Company's voting stock for $3,000,000. The FMV of all of XYZ's
frutty [35]

Answer: $440000

Explanation:

Fair market value = $4025000

Book value of asset = $2,850,000

Land value = $625,000

The value of the goodwill will be

(Fair market value - book of asset - land value) × 80%

= ($4,025,000 - $2,850,000 - $625,000) × 80%

= 550000 × 80%

= 550000 × 0.8

= $440,000

8 0
2 years ago
George is in charge of ordering supplies for his employer, and he usually buys these supplies from the same vendors. One of the
trapecia [35]

Answer:

George is using an authorized shortcut given to him by  one of the vendors of Business Office Supplies.

Explanation:

7 0
2 years ago
Read 2 more answers
1.Explain mountain tourism?<br>2.Explain inland tourism?​
gulaghasi [49]
1. Mountain Tourism is a type of "tourism activity which takes place in a defined and limited geographical space such as hills or mountains with distinctive characteristics and attributes that are inherent to a specific landscape, topography, climate, biodiversity (flora and fauna) and local community.


2.
Inland trips means trips to the part of the country away from the coast, without specifying who is taking those trips. Such trips may let the world know about your country, or they may not.

Foreign trips. on the other hand, is fatally ambiguous. It can mean, and has been taken by others here to mean, trips by foreigners to your country, which would be what is asked for. But technically, a foreign trip is just a trip to a foreign country and the trip-takers should be presumed to be your fellow-countrymen; if they travel abroad, that would give them information about the world, not the other way about.

So the choice is between a bad answer and a very bad answer. I would say inland is less bad, but if the examiner thinks one choice is correct, you need to know how he thinks, not how the English language works.


I hope some of that may help I found it off the web.. sorry if it dosent
7 0
2 years ago
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