Answer:
EPS will be higher than $2.38
Explanation:
The earnings per share are the income that is accessible to the company's shareholders after all the costs and taxes are deducted. Restructuring costs are one-time costs that are recorded in the income statement as other operating expenses.
The presence of restructuring and other one-time costs in the Revenue Statement leads to lower pre-tax earnings and cause decrease in net profit. When these expenses are excluded, the Earning would increase, resulting in the company's EPS.
Let $x = the cost per flower.
Number of roses sold = 20
Profit on 20 roses = $6
Cost = (30 roses)($x per rose) = $ 20x
Revenue = ($0.50 per rose)*(20 roses) = $10
Profit = $10 - $ 20x = $6
That is,
10 - 20x = 6
20x = 10 - 6
20x = 4
x = $0.2 = 20 cents
Answer: She paid 20 cents per flower.
Answer:
Which action best reflects the influence of John Maynard Keynes?
B. A government gives jobs to workers during an economic recession.
Explanation:
John Maynard Keynes was a The British economist who strongly and vehemently advocated for "increased government expenditures, lower taxes, government offering full employment, and government intervention in economic activities" in order to stimulate demand, pull the economy out of recession, and kickstart it from slump. He is known as the father of Keynesian Economics.
Answer:
the rate of return on Karen investment is 10%
Explanation:
Given that
Bought price = P = $78500
Sale price = S =$850,000
Time priod = n = 25 years (1980 to 2005)
Based on the above information
The Rate of return is
= (S ÷ P)^(1 ÷ n) - 1
= ($850,000 ÷ $78,500)^(1 ÷ 25) - 1
= 0.099973
= 10.00%
hence, the rate of return on Karen investment is 10%
We simply applied the above formula
Answer:
The ledger of Metlock, Inc.
March 31 Adjusting Entries
Sr. No Particulars Debit Credit
1 Depreciation Expense $1092
Accumulated Depreciation $ 1092
Depreciation for 3 months = $364*3= $ 1092
2. Unearned Rent Revenue 8060
Rent Revenue Earned 8060
Half of the unearned rent revenue was earned during the quarter.
3. Interest Expense $130
Interest Payable $ 130
Interest of $520 is accrued on the notes payable. For the quarter it will be
$ 520/4-=$ 130
4. Supplies Expense 2885
Supplies 2885
Supplies on hand total $1,105. Supplies were $ 3900. The amount of supplies used were $ 3900- $ 1015= $ 2885
5. Insurance Expense $1560
Prepaid Insurance $ 1560
Insurance expires at the rate of $520 per month. For the three months it would be $ 520* 3= $1560.
