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goblinko [34]
1 year ago
14

Mayan Company had net income of $32,670. The weighted-average common shares outstanding were 9,900. The company declared a $4,60

0 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions.
The company's earnings per share is:

A.) $2.84.

B.) $3.30.

C.) $2.59.

D.) $3.51.

E.) $3.76.
Business
1 answer:
Lana71 [14]1 year ago
4 0

Answer:

The correct option is A ,earnings per share is $2.84

Explanation:

Earnings per share is given earnings attributable to ordinary shareholders divided weighted average common shares.

The net income needs to be adjusted to reflect only earnings distributable to common shares.

Earnings to common stocks=$32670-$4600

                                              =$28070

Weighted average common shares=9900

Earnings per share=$28070/9900

                                =$2.84 per share

Option B is wrong because it calculated earnings per share with net income instead of earnings of common shareholders($32670/9900=$3.30)

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<span>If ln x = ln y, then x=y. Because ln is the constant on both sides of the equation, therefore, ln cancels itself out, leaving x equaling y.</span>
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2 years ago
Wendy, the CEO of an oil drilling company, and her top management team recently discovered that their facilities are damaging a
wel

Answer: Bagley's ethical leader's decision tree

Explanation: In simple words, It refers to a framework that helps the managers of an organisation to take decisions regarding which they are uncertain and doubtful. It take into consideration all the possibilities and shortlists them on the basis of situation priorities.

In the given case, Wendy wants to determine whether they should close the facility temprarily or permanently. They are uncertain which action would be legal and correct.

Hence from the above we can conclude that they are using Bagley decision tree.

5 0
1 year ago
"Christopher's Cranks uses a machine that can produce 100 cranks per hour. The firm operates 12 hours per day, five days per wee
julsineya [31]

Answer:

4,845 cranks

Explanation:

Given that

Production per hour = 100 crank

Hours per day = 12

Days per week = 5

Available time = 95%

Achieved efficiency level = 85%

Production per day

= hours per day × production per hour

= 12 × 100

= 1,200 crank

Production per week = Days per week × Production per day

= 5 × 1,200

= 6,000 cranks

Adjusted output of maintenance = Available time × Production per week

= 0.95 × 6,000 cranks

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4 0
1 year ago
A​ person's website specializes in the sale of rare or unusual vegetable seeds. He sells packets of​ sweet-pepper seeds for ​$2.
ANTONII [103]

Answer:

7 packets of  sweet-pepper seeds and 9 packet of hot-pepper seeds.

Explanation:

Let x packets of​ sweet-pepper seeds for ​$2.16 each and y packets of​ hot-pepper seeds for ​$4.24 each are mixed to obtain 16​-packet mixed pepper assortment for ​$3.33 per packet,

i.e. x + y = 16       ..........(1)

Also,

The price of sweet-pepper seeds + price of hot pepper seeds = price of the mixture

⇒ 2.16x + 4.24y = 3.33(x+y)

⇒ 2.16x + 4.24y = 3.33x+3.33y

⇒ 2.16x + 4.24y - 3.33x-3.33y = 0

⇒ −1.17x +0.91y = 0  ........(2)

Equation (2) + 1.17 × equation (1)

0.91y + 1.17y = 18.72

2.08y = 18.72

⇒ y = 9

From equation (1),

x + 9 = 16 ⇒ x = 16 - 9 ⇒ x = 7

Hence, there are 7 packets of  sweet-pepper seeds and 9 packet of hot-pepper seeds.

7 0
1 year ago
Janice is going to give her patient a bath. she has the option of using prepackaged bathing wipes or a bath basin and washcloths
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7 0
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