At the beginning of 2004, the Alaska Corporation had 2 million shares of common stock outstanding and no preferred stock. At the end of August, 2004, Alaska issued 600,000 new shares of common stock. If Alaska reported net income equal to $8.8 million, what was the firm's earnings per share for 2004

Answers

Answer 1

Answer:

$4

Explanation:

Earning per share (EPS) refers to earnings available to common shareholders which is divided by the weighted average number of common shares outstanding.

The weighted average number of shares outstanding equals the original 2 million shares plus 4/12 of the additional 600,000 shares.

The 4/12 weight is used because the new shares were only outstanding 4 months of the year.

Hence,

EPS = $8.8 million / [2 million + (4/12)(600,000)

EPS = $8.8 / $2.2

EPS = $4


Related Questions

Heeelllp!!!! 68 point 3rd repost

Read the prompt and enter your response in the space provided.

After considering the responses from the Better Bikes departmental manager interviews, describe your solutions to the company's problem on which you chose to focus. Your description should be a minimum of 2 to 3 paragraphs.

Answers

I think the bike store needs to get more out there so more people can really hear about them and they can get out there
Where is the prompt?

When applying for a loan, what should you do?
A) You should borrow from an institution close to your home.
B) You should wait until you have a long credit history.
C) You should go to a state that has low interest rates.
D) You should shop around for the best overall deal.

Answers

Answer: D). You should shop around for the best overall deal.

Explanation: It makes the most sense to me and is what I would do compared to the other options. Like I don't think I would go out of state for a loan, and obviously waiting for a long credit history isn't beneficial. You can have good credit without having a long credit history. Borrowing from somewhere near your house only is convenient for travel distance.  Sorry if I'm wrong!!

When applying for a loan, you should shop around for the best overall deal. This means comparing different lenders and loan product. Therefore, the correct answer is D.

This means to find the one that offers the lowest interest rate, the most favorable terms, and the best repayment plan that suits your needs.

A loan is a sum of money that is borrowed and expected to be paid back to the lender with interest over a set period of time. Loans are typically offered by financial institutions such as banks, credit unions, and online lenders,

Therefore, it is recommended to research and compare different loan options to find the best deal that suits your financial situation and needs.

Thus, the ideal selection is option D.

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Which phase of the economic cycle is characterized by prosperity?
O Contraction
O Peak
O Trough
O Recession

Answers

Answer:

peak

Explanation:

Henrietta, the owner of a very successful hotel chain in the Southeast, is exploring the possibility of expanding the chain into a city in the Northeast. She incurs $67,000 of expenses associated with this investigation. Based on the regulatory environment for hotels in the city, she decides not to expand. During the year, she also investigates opening a restaurant that will be part of a national restaurant chain. Her expenses for this are $51,000. She proceeds with opening the restaurant, and it begins operations on May 1. Determine the amount Henrietta can deduct in the current year for investigating these two businesses.

Answers

Answer:

a. The amount Henrietta can deduct in the current year for investigating the possibility of expanding the hotel chain a city in the Northeast is $67,000.

b. Amount she can deduct in the current year is $2,088.88.

Explanation:

a. Determine the amount Henrietta can deduct in the current year for investigating the possibility of expanding the hotel chain.

Since the primary business of Henrietta is the hotel business, all the expenses she incurred in investigating the possibility of expanding the chain into another city is deductible in the current year despite that she decides not to expand.

Therefore, the amount Henrietta can deduct in the current year for investigating the possibility of expanding the hotel chain a city in the Northeast is $67,000.

b. Determine the amount Henrietta can deduct in the current year for investigating opening a restaurant.

Since the primary business of Henrietta is not a restaurant business, the amount she can deduct in the current year can b determined as follows:

Of the$51,000, an amount of $4,000 [$5,000 − $1,000 (reduction for excess over $50,000)] can be immediately expensed.

The balance of $47,000 ($51,000 − $4,000) is amortized over a period of 180 months at the rate of $261.11 per month ($47,000 ÷ 180) starting from May. Therefore, we have:

Amount she can deduct in the current year = Amount deductible per month * Number of months between May 1 to December 31 = $261.11 * 8 = $2,088.88

Please answer both questions in complete sentences

Provide three examples of either asserts or liabilities. Also, how do assets and liabilities apply to your personal life?

Answers

Explanation:

joan has 16 coins in her pocket. she has the same number of quarters as nickels and she has twice as much dimes as quarters. How much dimes does she have?

plsss help quickly i think its easy but i just want to make sure

plsss help quickly i think its easy but i just want to make sure

Answers

Answer:

True

Explanation:

84% of consumers think that buisnesses with websites make them look more professional, which automatically makes them more inclined to purchace goods or services. So, a buisness without a website would be less credible then a buisness with one.

~~~Harsha~~~

Websites are hosted on a server and each of these servers has its own unique IP address. What does the 'IP' stand for?

A
Internet Position
B
Internet Placement
C
Internet Privatisation
D
Internet Protocol

Answers

'IP' stand for Internet Protocol.

Internet Position : This is not a general concept. However, it is mainly used by his ISP service. The towers seen in our city work with Internet locations. Mobile phones get better network speeds depending on their internet location.

Internet Placement: This means turning on airplane mode will change your mobile IP. This is why it is published online. This process runs when you turn off your phone.

Internet Privatisation : Simply put, privatization of the Internet starts working when you change your DNS servers. When we are private on the internet with a VPN, we are the privatizer of the internet.

Internet Protocol: This is one of the most important things for every website and Internet user. Anyone who connects to the internet on their device has an IP address. Simply put, an internet-connected device provided a specific IP. The website also has its own IP. Because of this, you can access the Internet.

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please help accounting 1 ASAP!

please help accounting 1 ASAP!
please help accounting 1 ASAP!
please help accounting 1 ASAP!
please help accounting 1 ASAP!

Answers

Please do provide more information, like account names, debits and credits. I don't see the full picture here.

Jamie Kerr is an hourly employee of Noonan Company located in Los Angeles. This week, Kerr had to travel to the company's regional office in Santa Fe. He left Sunday at noon and arrived in Santa Fe at 3:30 P.M. During the week, he worked his normal 40 hours in the Santa Fe office (Monday through Friday-9 A.M. to 5 P.M.). In addition, he attended the company's 3½-hour work training session on Wednesday evening. Kerr's hourly rate of pay is $26.90 per hour.

Round the interim computations to two decimal places and use the rounded answers in subsequent computations. Round the final answers to the nearest cent.

a. Kerr's overtime earnings for the week are

b. Kerr's total earnings for the week are

Answers

a) Kerr received $164.78 in weekly overtime pay. Individuals who work for a company and receive compensation are called employees. Under the heading "Income from salaries," earned salaries are taxable.

How does income relate to salary?

For the purposes of income tax, the amount that an employee receives from his employer in any of the following forms during a fiscal year will be considered "Salary": Wages: Wages are a set amount of money that an employer pays its employees in exchange for their work.

In the Netherlands, what is the "30 rule"?

Employees recruited from outside the Netherlands to temporarily work here can take advantage of the 30% facility. They are exempt from paying tax on up to 30% of their salary provided they meet the conditions for the 30% facility.

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should you include personal date on a resume ? explain your answer?​

Answers

No, you should not.

Explanation:

It’s illegal for employers to ask for that data.
no there is no need for it

According to the video, what strategy do many banks use with their employees?

They transfer workers to new locations

They hire from other banks

They promote from within

They maintain the current staff​

Answers

Answer: C

Explanation:

I just took the test

Answer:

The answer is c

Explanation:

Explain why the concept of an organization as an iceberg is important.

Answers

Answer:An organizational iceberg can sink a business if the leaders don't take the time to find out what's beneath the surface of their culture. But once you recognize the issues at the different levels of the organizational iceberg, you can appropriately address them and keep your business in safe waters.

Explanation:IM SMART

eorge bought a new car at a car dealership that offered on-the-spot financing through a
______ . George's credit score is poor, but he was still offered a ________
loan.

Answers

Answer:

1. Credit Union

2. High-risk

Explanation:

George bought a new car at a car dealership that offered on-the-spot financing through a CREDIT UNION .

George's credit score is poor, but he was still offered a HIGH-RISK loan.

I hope it helps! Have a great day!

Mới ra trường nên làm công ty nhỏ của người quen lương 8 triệu, hay công ty lớn lương 7 triệu

Answers

Answer:

small company

Explanation:

As the company grows, I also have the experience of being an important part of the company, that's my opinion

Which of the following statements is true regarding project managers?
O a. Project managers have authority over the project but not over the people assigned to it.
O b. Project managers have authority over finances but not over the product assigned to them.
c. Project managers have authority over resources but not over the project assigned to them.
d. Project managers have authority over people but not over the project assigned to them.
O e. Project managers have authority over people but not over the other resources assigned to the project.

Answers

The truth regarding project managers is option a. Project managers have authority over the project but not over the people assigned to it.

As the leader of a project, a project manager is responsible for ensuring the project's success by overseeing various aspects such as planning, execution, monitoring, and closure. They are also in charge of managing the project's scope, time, cost, quality, and risks. However, a project manager's authority over the people assigned to the project is often limited.

While they can assign tasks and set deadlines, they may not have direct control over the team members, as these individuals usually report to their functional managers. Project managers work with functional managers to coordinate resources and ensure team members are engaged and contributing effectively to the project. This arrangement enables project managers to focus on the overall project objectives and delegate specific tasks to team members with relevant expertise.

Project managers rely on their communication, negotiation, and problem-solving skills to work effectively with team members and stakeholders to achieve project goals. In summary, project managers have authority over the project, but their authority over the people assigned to it is often limited, as team members usually report to their respective functional managers. Therefore, the correct answer is option a.

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738x150 divided by 6 x 1 0

Answers

The answer is 1845. Hope this helped you!

What's the primary benefit of being prequalified for a mortgage? Pick the best answer.

Answers

I would think that the primary benefit of being prequalified for a mortgage would allow you to lock in an interest rate for up to 130 days. This credible estimate of you mortgage limit shows real estate agents and home sellers that you are a serious buyer.

Are you smart first to reply gets braaaaaiiiiiiiinnnliest​

Answers

honestly i don’t even know what i’m doing here

Answer:

Hello

Explanation:

This is a homie checkpoint and i would just like to ask if you are ok? And if you do not answer that is fine. But just know there is always someone here for you.

;)

Task 1: Wholesale and Retail Customers

Using a product of your choice list three ways in which sales to wholesale customers would
differ from sales to retail customers.

Type your response here:

Task 2: Pyramid Scheme

Herbalife is a multilevel marketing company that has recently come under criticism from
investors as being nothing more than a pyramid scheme. Using online research, summarize
both sides of this argument in about 300-400 words.

Type your response here:

Answers

Who buys the products that are for sale is a major difference between retail and wholesale. The end user or consumer buys the product directly from the retail store in a retail setting. Instead of selling directly to customers, a wholesaler sells goods to other retail establishments.

What is the contrast between a retail and discount credit might you at any point site a model?

Who buys the goods being sold is a major difference between retail and wholesale. The consumer, or end user, buys the product directly from the retail store in a retail setting. A wholesaler, on the other hand, sells goods to other retail stores rather than directly to customers.

What is retail trade and wholesale trade?

Retail businesses also sell products, but unlike wholesalers, retailers sell products to the general public in small quantities for personal or household consumption. Retailers sometimes sell products to organizations and businesses.

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Answer:

I answered task 1 and gave a video for task 2

Explanation:

I chose to do Shirts as the product of my choice. The first way in which way sales to wholesale customers would differ from sales to retail customers would be wholesale customers buying the shirts in bulk for a discounted price, while retail customers buy from the wholesale customers and sell the shirts to the final buyer. The second way that wholesale customers are different from retail buyers is wholesale customers sell to owners and businesses while retail customers deal with customers and plain Janes. Wholesale and retail customers have big differences as retail customers aim towards 30 % to 50 % profit.

(Please just use this as an idea, you don't learn from cheating!)

Task 2: Use this video there is a ton of information!

https://slidebean.com/story/is-herbalife-a-pyramid-scheme

the supplies account has a $480 debit balance to start the year

Answers

The supplies account with a $480 debit balance at the beginning of the year indicates that the company had purchased supplies worth $480 but had not yet used them. The supplies account is an asset account that represents the value of inventory or materials that a company has on hand for use in its operations.

A debit balance in the supplies account suggests that the company has an excess of supplies compared to the amount used or consumed. This could be due to several factors, such as overstocking, bulk purchases, or slow consumption of supplies. It is essential for businesses to carefully manage their supply levels to avoid tying up too much capital in inventory or risking obsolescence.

Throughout the year, as supplies are consumed or used in the company's operations, the value of the supplies account will decrease. This is typically done through adjusting entries or periodic inventory counts, where the value of supplies consumed is recognized as an expense and deducted from the supplies account. The goal is to bring the supplies account balance down to a more accurate reflection of the remaining supplies on hand.

Managing the supplies account effectively is important for maintaining accurate financial records and controlling costs. It involves regular monitoring of supply levels, tracking usage, and replenishing supplies as needed. By properly managing the supplies account, companies can ensure they have the necessary materials for their operations while avoiding excess inventory and associated carrying costs.

In conclusion, the initial $480 debit balance in the supplies account indicates the value of unused supplies at the start of the year. Through proper management and tracking, the supplies account balance will be adjusted as supplies are consumed or  , allowing for accurate financial reporting and control over inventory levels.

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What is the decision and reasoning of the Michael J French v. American Airlines- 2009 US dist. LEXIS 48654 (US district court Utah central division)

Answers

The court ruled in favor of American Airlines in the Michael J. French v. American Airlines case, finding that the airline had not broken the Americans with Disabilities Act by mandating that the passenger's service animal remain in a kennel throughout the flight.

An airline passenger's request for a reasonable accommodation under the Americans with Disabilities Act (ADA) was the subject of the Michael J. French v. American Airlines lawsuit in 2009. A disabled traveler named Michael J. French asked American Airlines to give him a special seat for his Golden Retriever service dog on a flight from Utah to Pennsylvania. American Airlines turned down the demand.

The case was handled in Utah's Central Division of the US District Court.

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Chavez Corporation reported the following data for the month of July: Inventories: Beginning Ending Raw materials $ 36,000 $ 34,500 Work in process $ 20,500 $ 26,000 Finished goods $ 36,500 $ 51,500 Additional information: Raw materials purchases $ 70,500 Direct labor cost $ 95,500 Manufacturing overhead cost incurred $ 63,500 Indirect materials included in manufacturing overhead cost incurred $ 9,800 Manufacturing overhead cost applied to Work in Process $ 62,500 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. The cost of goods manufactured for July is:

Answers

Answer:

Cost of goods manufactured= $214,700

Explanation:

First, we need to calculate the direct material used:

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 36,000 + 70,500 - 34,500

Direct material used= $72,000

Now, we can determine the cost of goods manufactured:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 20,500 + 72,000 + 95,500 + (62,500 - 9,800) - 26,000

cost of goods manufactured= $214,700

Which of the following statements is/are correct regarding Indian Federalism?
1. The word federalism is mentioned in Article 1 of the Indian Constitution.
2. India is a holding together type of federalism.
a)1 only
b)2 only
c)Both 1 and 2
d)Neither 1 nor 2

Answers

Which of the following statements is/are correct regarding Indian Federalism- India is a holding-together type of federalism.

Federalism is a machine of presidency wherein strength is divided between a central authority and various constituent devices of us of a. every other simple concept embodied within the charter is federalism, which refers to the division and sharing of electricity among the country-wide and state governments. Federalism is a gadget of the presidency in which the energy is divided among a central authority and numerous constituent units of the USA.

Federalism is a mixed or compound mode of the presidency that combines widespread authorities (the significant or "federal" government) with local governments (provincial, kingdom, cantonal, territorial, or different sub-unit governments) in a single political system, dividing the powers between the 2.

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Photolite (B) Corporation case study answers

Answers

Companies that have been certified as B Corporations, or B Corps, have had their compliance with strict criteria for social and environmental performance, accountability, and openness evaluated by B Lab.

Who is B Corporation's owner?

Three people, Jay Coen Gilbert, Bart Houlahan, and Andrew Cassoy, founded the Certified B Corporation Movement. Co-founders Jay and Bart established the basketball apparel and footwear business AND1. And1 was a prime example of what a socially conscious company may look like in the 1990s.

Certified B is what?

The highest standards for social and environmental performance have been voluntarily met by a corporation known as a Certified B Corporation. These requirements are purposefully stringent in order to identify and reward industry leaders.

B Corp was initially formed from "benefit corporation," a type of corporate structure used in the US, but it now has many different meanings to different people.

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What does it mean when a company is B Corp?

Philosopher T.M. Scanlon makes four points about why we should be concerned with economic inequality. What did you think of his arguments? Are there any you find convincing? Explain your position.

Answers

Answer : yes , i find the following scriptures by philosopher convincing:

T.M. Scanlon, a philosopher, has made several points about why we should be concerned with economic inequality.

Fairness and Desert: Scanlon argues that economic inequality is a concern because it can violate principles of fairness and desert. He suggests that individuals should be rewarded based on their contributions and efforts rather than arbitrary factors like birth circumstances. This perspective implies that extreme economic disparities can undermine fairness in society.

Democratic Equality: Scanlon contends that economic inequality can undermine democratic equality by allowing the wealthy to exert undue influence over political decisions, potentially distorting democratic processes. This argument highlights the potential threat to the principle of political equality when wealth disparities are significant.

Social and Economic Power: Scanlon argues that economic inequality can lead to the concentration of social and economic power in the hands of a few, creating disparities in opportunities and social mobility. This perspective suggests that unequal distribution of resources can limit equal access to education, healthcare, and other important social goods.

Social Cohesion and Shared Identity: Scanlon posits that extreme economic inequality can erode social cohesion and undermine the sense of shared identity within a society. When there is a significant gap between the rich and the poor, it can lead to social divisions, conflicts, and a sense of alienation among different groups.

The persuasiveness of these arguments may vary depending on an individual's beliefs, values, and political ideology. Some may find Scanlon's points compelling, as they highlight the potential negative consequences of economic inequality on fairness, democracy, social mobility, and societal cohesion. Others may have different perspectives, emphasizing the importance of individual freedom, market dynamics, and the potential benefits of incentives provided by economic inequality.

It's crucial to engage in thoughtful discussions and consider multiple viewpoints to foster a comprehensive understanding of the complex issue of economic inequality.

Explain how each concept-Scarcity,choice,and opportunity cost-relate to your dilemma.Use three separate statements in your response,one for each concept.

Answers

If choosing one alternative necessitates sacrificing another, that good is considered to be scarce. Alternative uses exist, which pushes us to make decisions. Any decision has an opportunity cost, which is the value of the best alternative given up.

The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in microeconomic theory. Simply put, it means that if you choose one activity, you forfeit the chance to do another.

The opportunity cost is the amount of time spent learning and the money that could be used elsewhere. When a farmer decides to grow wheat, there is an opportunity cost associated with not doing so or using the resources in another way (land and farm equipment). Instead of driving, a commuter takes the train to work.

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define rent-seeking and show how it is related to elasticity​

Answers

Answer:

What Is Rent Seeking?

Rent seeking (or rent-seeking) is an economic concept that occurs when an entity seeks to gain added wealth without any reciprocal contribution of productivity. Typically, it revolves around government-funded social services and social service programs.

Key takeaways

Rent seeking is an economic concept that occurs when an entity seeks to gain wealth without any reciprocal contribution of productivity.The term rent in rent seeking is based on the economic definition of “rent,” which is defined as economic wealth obtained through shrewd or potentially manipulative use of resources.An example of rent seeking is when a company lobbies the government for grants, subsidies, or tariff protection.Rent seeking comes in many forms from lobbying or donating funds.For example, if you donate money but write it off on your taxes, it could be considered a form of rent seeking.

 

I only need help with 5b

I only need help with 5b

Answers

Answer:

.

Explanation:

I'm pretty sure it's asking what could help, or stop this. (What could end the pay gap)

Question: Use the information in the adjusted trial balance presented below to calculate the current ratio for WickUse the information in the adjusted trial balance presented below to calculate current RATIO for Wicked Wicker Company:
Account Title Dr. Cr.
Cash $ 26,000
Accounts receivable 17,000
Prepaid insurance 7,000
Equipment 110,000
Accumulated depreciation—
Equipment $ 55,000
Land 96,000
Accounts payable 18,000
Interest payable 2,650
Unearned revenue 5,300
Long-term notes payable 33,000
Retained earnings 142,050
Totals $ 256,000 $ 256,000

Answers

The current ratio for Wick Firm equals 0.85.

What is a current ratio?

This is a financial tool that measures a firm's ability to pay short-term obligations that are due within one year.

The current ratio is calculated by dividing the company's current assets by its current liabilities.

Current ratio = Current assets / Current liabilities

Current ratio = (Cash + Accounts receivable + Prepaid insurance) /  (Accounts payable + Interest payable + Unearned revenue + Notes payable)

Current ratio = ($26,000 + $17,000 + $7,000) / ($18,000 + $2,650 + $5,300 + $33,000)

Current ratio = $50,000 / $58,950

Current ratio = 0.848176421

Current ratio = 0.85.

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What is the difference between final goods and intermediate goods?

Answers

A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.

B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.

Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:

1. Final Goods:

Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.

2. Intermediate Goods:

Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.

The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.

It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.

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