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Strike441 [17]
2 years ago
5

Per Chevron’s 3Q 2013 filing, what was the percentage change in diluted EPS when comparing nine months ended September 30, 2013

versus the same period in 2012?
Business
1 answer:
Rufina [12.5K]2 years ago
5 0

Answer:

-11.43%.

Explanation:

According to the 10Q which is filling by third quarter Chevron Corporation

Net Income Allocate to Chevron corporation diluted per share for 9-months earnings  in Q32013 is $8.52

Net Income Allocate to Chevron corporation diluted per share for 9-months earnings   in Q32012 is $9.62

So, the change in percentage is

= {(8.52 - 9.62) ÷ 9.62} × 100

= -11.43%

Therefore, the change in percentage for 9-months of diluted EPS from Q32013 to Q32012 is -11.43%.

The financial information Source depicts the Chevron 10Q report on its website.

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barxatty [35]
It would be best presented as <span>movement from inside the PPF onto the PPF
The curve of </span>The production possibility frontier (<span>PPF) will show the curve that project/depict the possibilities for maximum output possibilities for two different goods. The projection that shown by the PPF is created with the assumptions that all resources are used efficiently.</span>
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2 years ago
As specialization increases in an economy, businesses tend to experience: a.) an increase in self sufficiency due to businesses
Anuta_ua [19.1K]

Answer: a growing division of labor between employees with different skills

Explanation: apex

8 0
2 years ago
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Standlar Company makes and sells wireless speakers. The price of the standard model is $360 and its variable expenses are $210.
Vladimir79 [104]

Total contribution margin = $3,000, standard models sold at break even=800, deluxe models sold at break even=400, superior models sold at break even=100

<u>Explanation:</u>

1.Using sales mix stated in the fact from Figure to form a package what is the total contribution margin?

total contribution margin  =($150 multiply 8) plus ($200 multiply 4) plus ($1,000 multiply 1)  = $3,000

2.Refer to Figure, What is the number of standard models sold at break even.

break even units  =Fixed cost divide contribution margin per package

= $300,000 divide $3000  =100 package  standard models sold at break even=100 package multiply 8 = 800

2.Refer to Figure, What is the number of deluxe models sold at break even.

break even units

=Fixed cost divide contribution margin per package  = $300,000 divide $3000

=100 package  deluxe models sold at break even = 100 package multiply 4

6 0
1 year ago
Vest Industries manufactures 40,000 components per year. The manufacturing cost of the components was determined as follows: Dir
torisob [31]

Answer:

If the company buys the component, income will decrease by $225,000.

Explanation:

Giving the following information:

Units= 40,000

The manufacturing cost:

Direct materials $ 75,000

Direct labor 120,000

Variable overhead 45,000

An outside supplier has offered to sell the component for $12.75.

Vest Industries can rent its unused manufacturing facilities for $45,000.

We will take into account only the differential costs.

<u>Make in -house:</u>

Total cost= 75,000 + 120,000 + 45,000= $240,000

<u>Buy:</u>

Total cost= 40,000*12.75 - 45,000= $465,000

If the company buys the component, income will decrease by $225,000.

6 0
2 years ago
Simon lost $4,300 gambling this year on a trip to Las Vegas. In addition, he paid $2,650 to his broker for managing his $265,000
Ostrovityanka [42]

Answer:

Assuming Simon’s AGI is $40,000.

Gambling losses are only deductible to the extent of gambling winnings. Thus,Simon cannot deduct any of the $4,300 gambling losses. The $3,160 transportation expenses are also nondeductible as they are deemed to be personal expenses. The $2,650 broker management fees are deductible as investment fees (miscellaneous itemized deductions subject to the 2% AGI floor), and the $1,030 tax return fees are also deductible as miscellaneous itemized deductions subject to the 2% AGI floor.

Thus, $2,650 + $1,030 – (2% x $40,000 AGI) = $2,880 deduction

6 0
2 years ago
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