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Setler [38]
2 years ago
6

Mayan Company had net income of $33,480. The weighted-average common shares outstanding were 9,300. The company declared a $4,00

0 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company's earnings per share is:
Business
1 answer:
bearhunter [10]2 years ago
7 0

 Answer:

EPS = $3.17

Explanation:

<em>Earnings per share(EPS) is the total earnings attributable to ordinary shareholders divided by the number of units of common stock. </em>

EPS= Earnings attributable to ordinary shareholders/number of ordinary shares

Earnings attributable to ordinary shareholders= Net income after tax - preference dividend  

Earnings attributable to ordinary shareholders = net income - preference divi dend

Earnings = 33,480 - 4000 = 29,480

EPS = 29,480/9,300 =3.169

EPS = $3.17

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Employees who have difficulty performing efficiently on the job often have poor _____ skills, are confused about their prioritie
sergeinik [125]

Answer: The correct answer is "Organizational".

Explanation: Employees who have difficulty performing efficiently on the job often have poor <u>organizational</u> skills, are confused about their priorities (what is most important), and may be slow in making decisions.

Organizational skills allow us to distinguish which are our priorities, short, medium and long term objectives to be met and the steps to follow to fulfill these. Once focused on that, decision-making aimed at meeting these objectives tends to be much faster, which as a result demonstrates more efficient work.

7 0
2 years ago
Christie and Jergens formed a partnership with capital contributions of $360,000 and $460,000, respectively. Their partnership a
Orlov [11]

Answer:

Christie's share is $104500 while Jergens share is $48500. Thus, the first option is the correct answer.

Explanation:

The appropriation of net income among the partners will be as follows,

                                              $                   $

Net Income                                          $153000

<u>Less: Salary to Partner</u>

Christie                                                  (66000)

<u>Less:Interest on Capital</u>

Christie                               36000

Jergens                              <u>46000        (82000)</u>

Remaining Profit                                     5000

<u>Distribution of Remaining Profit</u>

Christie  (5000/2 = 2500)                       2500

Jergens  (5000/2 =2500)                       <u>2500</u>

<u />

<u />

Christie's Share = 66000 + 36000 + 2500    = $104500

Jergen's share = 46000 + 2500   = $48500

5 0
2 years ago
What is the difference between a business model and an ebusiness model? Multiple Choice An ebusiness model details how a company
Vikki [24]

Answer:

An ebusiness model details how a company creates, delivers, and generates revenue; a business model does all the same except on the internet

Explanation:

E-commerce is nothing but buying and selling of goods around the web. On the contrary, e-business is a little different as it is not limited to, commercial transactions, but it also provides other services. These are the two emerging modes of doing business, which are gaining importance with the passage of time.

6 0
2 years ago
During the month, Cellum, Inc. sold 100 cells at a price of $100 each. Each cell was sold at a 1% sales discount. Cellum had ret
gavmur [86]

Answer:

Net Sales for the month ended is equal to $9,702.

Explanation:

Sale = 100 x $100 = $10,000

Discount = $10,000 x 1% = $100

Sales Return = $198

Net Sales = Sales Price - Sales Discount - Sales Return

Net Sales = $10,000 - $100 - $198

Net Sales = $9,702

Net Sales for the month ended is equal to $9,702.

$20 is an expense and it is not an contra revenue account. So, it is not considered in net sales calculation.

6 0
2 years ago
Joe and Michelle have a partnership firm. Based on the income-based method of calculating GDP, what category is the income earne
tekilochka [14]

Answer: B) employee’s compensation.

The income approach to measure gross domestic product or GDP starts with the income earned (wages plus plus rents plus interest plus profits) from the production of goods and services.

Based on the income-based method of calculating GDP, income or wages earned by Joe and Michelle for being partners can be categorized under B) employee’s compensation.


3 0
2 years ago
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