Kennard Corp.'s basic earnings per share is $1.91.
To calculate the basic earnings per share, we divide the net income by the weighted average number of shares outstanding. First, we calculate the weighted average number of common shares outstanding. The beginning shares of 5 million are reduced by the repurchased shares of 460,000, resulting in 4.54 million shares. Then, we account for the stock split, multiplying the shares by 4 to get 18.16 million shares. Finally, we divide the net income of $48 million by the weighted average number of shares (18.16 million), resulting in basic earnings per share of $1.91.
learn more about:- Kennard Corp here
https://brainly.com/question/30719079
#SPJ11
In which stage of the product life cycle does a company usually not generate profits from a new product?.
The stage of the product life cycle which a company usually does not generate profits from a new product is: C. introduction stage
What is a product?A product is any tangible item or physical object that is essentially produced by a manufacturer, so as to satisfy and meet the demands, needs or wants of every customer.
What is a product life cycle?A product life simply refers to all of the phases or stages that a specific product moves through, primarily from the point (period) it was introduced by the manufacturer (producer) into the market to the period when it is eventually revoked and moved from the market.
Generally speaking, there are four (4) main stages in the product life cycle and these including the following;
Introduction.Growth.Maturity.DeclineIn conclusion, we can reasonably infer and logically deduce that no profits are generated at the introduction stage of a product because customers, sales, and competitors have fallen.
Read more on product life cycle here: brainly.com/question/27981004
#SPJ1
Complete Question:
In which stage of the product life cycle does a company usually not generate profits from a new product?
a. maturity stage
b. growth stage
c. introduction stage
d. cannibalization stage
e. decline stage
What business-based situations and actions turn you off as a consumer of products and services? Record your responses.
Consumer turnoff is a situation where customer experiences poor services and unprofessional behavior from organizations.
Who is said to be consumer?
A consumer is a person or a group that is not directly involved in entrepreneurial or commercial operations and who intends to order or utilises acquired items, products, or services primarily for personal, social, family, or household purposes. The phrase is most frequently used to describe someone who makes purchases for their own use.
A consumer in an economy purchases products or services primarily for personal use rather than for resale or for business objectives. For products or services, customers must pay money (or an equivalent). ([4]) Next, eat (use up). As a result, consumers are an essential component of any economy and play a crucial role in the economic system of a capitalist society.
To study more about consumer
https://brainly.com/question/28234613
#SPJ1
1. Do you believe E-sports will continue to grow in the future? Why or why not?
Answer: I don’t really know but I think it will still be popular and lots of people will still play no matter what
Answer:
In terms of video games, yes. Because, everyone can play videogames, but not everyone can compete in physical sports.
Explanation:
I don't need to give an explanation since it's my opinion. So don't report this answer please...
what are the answers for all 3 of them?
Answer:
See below
Explanation:
(i) €585.00
As per the statement, Taylor owed €585.00 to Franklyn photographic supplies Ltd at the end of April. The closing balance for April is the Amount owed at the end of April.
(ii) €75.00
The opening balance for April as indicated in the statement is the closing balance for March.
(iii) €375.00
As per the statement an amount of €375.00 was paid on April 15
US farmers start cutting down their pecans groves to make more land available to plant more profitable crops would cause the supply of
pecans to what?
A. Increase right
B. Decrease left
C. Not change
Answer:
b
Explanation:
cuz
Answer:
I would say that it would decrease
Explanation:
True or False
A Person who works full time for a power company in the energy cluster is considered a consultant.
Answer:
True
Explanation:
Answer:
False, i took the quiz and got 100% percent- k-12 7th grade career final exam
Explanation:
Type the correct answer in the box. Spell all words correctly.
Which quality helps a leader cooperate with team members?
_____ is a quality that helps a leader cooperate with the team on important matters to achieve company goals.
Answer:
agreeableness
Explanation:
I got the right answer on edmentum
what is the relevant cash flow in year three for the following projected cash flows of a new and an old machine?
To determine the relevant cash flow in year three, we would need the specific projected cash flows of the new and old machines.
Please provide the projected cash flows for both machines in order to calculate the relevant cash flow in year three.
To determine the relevant cash flow in year three, we would need the projected cash flows for both the new and old machines. Please provide the projected cash flows for both machines, and I will be able to assist you in identifying the relevant cash flow in year three.
Learn more about cash here:
https://brainly.com/question/32508776
#SPJ11
Give a concrete example of how the type of college you choose can impact your total costs.
Answer:
Because you chose to go to college instead of working, your opportunity cost is actually the sum of your college expenses plus the money you could have earned had you chosen not to work.
Explanation:
There are five main categories of expenses to think about when figuring out how much your college education is really going to cost: tuition and fees, room and board, books and supplies, personal expenses, and transportation. You can control some of these costs to some extent.
Explain two ways in which mohammad could increase added value
The 2 ways in which where Mohammed could increase the added value of his company includes:
He could introduce new products and could modernize appearance and equipment in his coffee shop.He could start making cakes and pastries for special occasions like birthdays and weddings.What is an Added value?It refers to the profit that stays in the company as a difference between the total amount earned from sales and the total amount spent for production.
If such company's expenses for each product or service are higher then its price, then it is not going to have any added value. For instance, when company sells postcards for 5 dollars. In the same time, costs for making one postcard are 3 dollar. Added value = = 5 dollar - 3 dollar = 2 dollar.
Read more about Added value
brainly.com/question/25528419
#SPJ1
According to the concept of the invisible hand, what emerges due to the self-interested
choices of buyers and sellers in a free market?
Answer: The invisible hand is a metaphor for how, in a free market economy, self-interested individuals can promote the general benefit of society at large.
What are 3 features of a checking account?
A checking account lets you pay bills, transfer money to savings, receive cash from ATMs and make purchases with your debit card.
A checking account is a form of financial institution account that permits you to easily deposit and withdraw money for every day transactions. this will include depositing a check you acquire, doing away with cash with your debit card or putting in direct deposit on your paychecks.
A bank account is a financial institution account you may write assessments from, or get right of entry to numerous different ways, which has a tendency to make it your cross-to, each day transaction financial institution account.
A savings account is in which you stash finances which you aren't ready to apply but, often with the goal of amassing more.
Learn more about checking account here:- https://brainly.com/question/26181559
#SPJ4
In the current year, Ed invests $50,150 in an oil partnership. He has taxable income for the current year of $5,015 from the oil partnership and withdraws $20,060.
What is Ed's at-risk amount at the end of the year?
Taxable income for the current year of $5,015 from the oil partnership and withdraws $20,060, Ed's at-risk amount at the end of the year is $30,090.
To determine Ed's at-risk amount, we need to consider the investments he made and any income or withdrawals related to those investments. Ed invested $50,150 in an oil partnership. This investment is considered his at-risk amount at the beginning of the year. He has taxable income of $5,015 from the oil partnership. This income increases his at-risk amount.
Ed also withdrew $20,060 during the year. Withdrawals decrease the at-risk amount. To calculate the at-risk amount at the end of the year, we start with the initial at-risk amount and add the income while subtracting the withdrawals:
At-risk amount at the end of the year = Initial at-risk amount + Income - Withdrawals
= $50,150 + $5,015 - $20,060
= $30,090
Therefore, Ed's at-risk amount at the end of the year is $30,090.
To know more about partnership, refer here:
https://brainly.com/question/31218587#
#SPJ11
Mandatory government spending includes which of the following?
a. Infrastructure and science
b. Social Security and Medicare
c. Healthcare and military
d. Education and agriculture
Social Security and Medicare is the Mandatory government spending. Hence, option B is correct.
What does government spending include?The federal government spends money on many different things, including Social Security and Medicare as well as military hardware, upkeep of the country's roadways, construction development, research, and education. These expenses can be divided into two groups: necessary and discretionary.
Examples of obligatory spending include contributions to entitlement systems like Social Security and Medicare as well as required interest payments on the national debt. Nearly two thirds of all federal spending is accounted for through mandatory spending.
Thus, option B is correct.
For more information about government spending, click here:
https://brainly.com/question/474561
#SPJ1
what is the allocation period used to expense stock-based compensation?
On the day that the option's market price reaches its exercise price, compensation expense is assigned.
How are stock-based bonuses handled by companies?Stock-based compensation (SBC) is recorded as a non-cash expense on the income statement in accordance with US GAAP. SBC expenses are specifically classified as operational expenses and are distributed to the following relevant operating line items: Direct labor SBC is applied to cost of goods sold.
Three to four year vesting periods are normal, starting on the first anniversary of the employee's being eligible for stock pay. The employee may use their stock purchase option at any time up until the expiration date after becoming vested.
To know more about Stock-based compensation, refer to:
https://brainly.com/question/30466627
#SPJ1
A video game system is on sale for 25% off its original price. If the original price is $200, how much money will be saved?
Answer:
$50
Explanation:
25% = 1/4
200 / 4 = 50
50*3=150, which is 25% off.
Griffin's Goat Farm, Inc., has sales of $680,000, costs of $342,000, depreciation expense of $86,000, interest expense of $53,000, and a tax rate of 23 percent.
What is the net income for this firm?
The net income for Griffin's Goat Farm, Inc. is $153,230. It is the amount of profit earned by the company after deducting all the expenses and taxes.
To calculate the net income for Griffin's Goat Farm, Inc., we need to subtract all the expenses from its sales revenue and then deduct the taxes payable on the remaining amount.
Starting with the sales revenue of $680,000, we subtract the cost of goods sold of $342,000, which gives us a gross profit of $338,000. We then subtract the operating expenses, which include depreciation of $86,000 and interest expense of $53,000, for a total of $139,000.
This leaves us with an operating income of $199,000 ($338,000 - $139,000). To calculate the net income, we need to deduct the taxes payable on this amount, which is calculated as 23% of the operating income.
So, the net income for Griffin's Goat Farm, Inc. can be calculated as follows:
Net Income = Operating Income - Taxes Payable
Net Income = $199,000 - (0.23 x $199,000)
Net Income = $199,000 - $45,770
Net Income = $153,230
It is essential to calculate the net income to evaluate the company's financial performance and make important business decisions.
To learn more about net income
https://brainly.com/question/29999079
#SPJ4
1. Mr. A is an expected utility maximizer, consuming two goods, apples a and carrots c. His preferences over the two goods are represented by a Bernoulli utility function u (a, c) = f (a) + ƒ (c) where f is a strictly increasing function. The prices of the two goods are uncertain, so that the price vector (Pa, Pc) can be equal either to (3, 1) or (1,3) with equal probability. He is given an option to purchase both goods at prices (Pa, Pc) = (2, 2). Will he take such an option, or will he wait for the price realization? Show work.
To determine whether Mr. A will take the option to purchase both goods at prices (Pa, Pc) = (2, 2), we need to compare the expected utility of taking the option with the expected utility of waiting for the price realization.
Let's consider the two possible price realizations:
Price realization (Pa, Pc) = (3, 1):
If Mr. A takes the option, his utility will be u(2, 2) = f(2) + f(2).
If he waits for the price realization, his utility will be the expected utility given the probabilities of the price realizations:
EU = 0.5 * u(3, 1) + 0.5 * u(1, 3).
Price realization (Pa, Pc) = (1, 3):
If Mr. A takes the option, his utility will be u(2, 2) = f(2) + f(2).
If he waits for the price realization, his utility will be the expected utility given the probabilities of the price realizations:
EU = 0.5 * u(1, 3) + 0.5 * u(3, 1).
Now, if Mr. A is an expected utility maximizer, he will compare the expected utility of taking the option with the expected utility of waiting and choose the option that maximizes his expected utility.
If the expected utility of taking the option (u(2, 2)) is greater than the expected utility of waiting (EU), then Mr. A will take the option. If EU is greater than u(2, 2), then he will wait for the price realization.
Without knowing the specific form of the strictly increasing function f, we cannot determine the exact expected utilities and make a definitive conclusion. The decision will depend on the specific values assigned to f and the preferences of Mr. A.
To know more about expected utility click this link -
brainly.com/question/32093368
#SPJ11
Using the crossover mileage between the hybrid vehicle and the alternative vehicle from a competing auto manufacturer below, what is the crossover point in years? Hybrid Vehicle Vehicle Purchase Cost $18 comma 000 Vehicle Operating Cost per Mile $0.13 Useful Life of Vehicle 14 Miles per Year 16 comma 500 Miles per Gallon 31 Average Fuel Price per Gallon $3.95 Alternative Vehicle Vehicle Purchase Cost $19 comma 500 Vehicle Operating Cost per Mile $0.10 Useful Life of Vehicle 14 Miles per Year 16 comma 500 Miles per Gallon 36 Average Fuel Price per Gallon $3.95 Given that the crossover mileage is 31 comma 449 miles, the crossover point in years is nothing years (round your response to two decimal places).
Answer:
1.91 years
Explanation:
The car manufacturer assumed that the owners of both cars would drive them on average 16,500 miles per year. So they made all their cost calculations based on that average annual mileage, and the final result was the crossover point of 31,449 miles. To determine the crossover point in years, all you need to do is divide 31,449 miles by 16,500 miles = 1.906 years ≈ 1.91 years
assume+a+bank+offers+an+effective+annual+rate+of+7.26%.+if+compounding+is+monthly+what+is+the+apr?
The APR (Annual Percentage Rate) can be calculated based on the given effective annual rate of 7.26% with monthly compounding. The APR is approximately 6.98%.
The APR represents the annualized interest rate charged by a financial institution. It is used to compare different loan or investment options. In this case, we are given the effective annual rate of 7.26%, which takes into account the compounding frequency of monthly. To calculate the APR, we need to find the nominal interest rate that would result in the same effective annual rate when compounded monthly. We can use the following formula APR = (1 + i)^n - 1 Where i is the nominal interest rate and n is the number of compounding periods in a year. By substituting the values into the formula, we can solve for i: (1 + i)^12 - 1 = 0.0726 Simplifying the equation: (1 + i)^12 = 1.0726 Taking the twelfth root of both sides: 1 + i = (1.0726)^(1/12) 1 + i = 1.005992 Subtracting 1 from both sides: i = 0.005992 Converting the decimal to a percentage, the APR is approximately 0.5992%, which is rounded to 6.98%.
learn more about Percentage here :
https://brainly.com/question/32197511
#SPJ11
bennett griffin and chula garza organized cole valley book store as a corporation; each contributed $71,200 cash to start the business and received 5,400 shares of common stock. the store completed its first year of operations on december 31, current year. on that date, the following financial items for the year were determined: december 31, current year, cash on hand and in the bank, $68,450; december 31, current year, amounts due from customers from sales of books, $44,000; unused portion of store and office equipment, $79,000; december 31, current year, amounts owed to publishers for books purchased, $14,000; one-year note payable to a local bank for $3,400. no dividends were declared or paid to the stockholders during the year.
Stockholders' equity can be calculated by subtracting the overall liabilities of a business from the general property or because of the sum of percentage capital and retained earnings minus treasury stocks. common inventory additional paid-in capital desired stock retained earnings and the accrued different comprehensive profits.
Solution:
Cash- 70,250
Accounts Receivable- 40,500
Store and Office Equipment- 79,500
Total Assets- 190,250
Accounts Payable- 12,700
Note Payable- 3400
Total Liabilities- 16,240
Common Stock- 142,000
Total Stockholders' Equity- 174,010
Total Liabilities and Stockholders' Equity- 190,250.
The stockholders' equity for that duration, study the stability sheet for the preceding period. The final period ending number is similar to this era's starting variety. In some cases, an employer's financial statements may also include a desk called the reconciliation of stockholders' fairness. Shareholders' fairness is the value of the employer's obligation to shareholders. It appears on a business enterprise's balance sheet, together with assets and liabilities.
Learn more about The stockholders' equity here:-https://brainly.com/question/14032844
#SPJ4
explain how the global expansion of organizations has impacted society, citing specific examples regarding culture, transportation, employment, infrastructure, and environmental climate.]
The global expansion of organizations has had a significant impact on society. With the increased globalization of business, organizations are able to operate in multiple countries, providing employment opportunities in different cultures, expanding transportation and infrastructure, and creating environmental impacts.
Companies can now hire workers from a wider range of backgrounds and experiences since they have access to a greater talent pool. As a result, the workforce is now more inclusive and varied.
Likewise, businesses can transfer goods and services across international borders swiftly and effectively by utilizing transportation networks.
A global economy has been established as a result, giving businesses access to new markets and clients.
Last but not least, because of increased production and consumption, which has led to pollution and other environmental problems, organizations have had a huge impact on the environment.
Companies must exercise caution in order to prevent having a detrimental effect on society as a result of their worldwide expansion.
To know more about business,
https://brainly.com/question/18307610
#SPJ4
Julie has just retired. Her company’s retirement program has two options as to how retirement benefits can be received. Under the first option, Julie would receive a lump sum of $141,000 immediately as her full retirement benefit. Under the second option, she would receive $20,000 each year for 8 years plus a lump-sum payment of $60,000 at the end of the 8-year period.Required:1. Calculate the present value for the following assuming that the money can be invested at 9%. If she can invest money at 9%, which option would you recommend that she accept?
After considering the given data we conclude that option 1 has a greater present value than option 2, I advise Julie to choose it.
In order to evaluate the present value of money, we have to know the future value, the interest rate per period, and the number of periods.
We apply this formula:
\(PV = FV/ (1+r)^n,\)
Here we perform division regarding the future value by a factor of 1 plus the interest rate raised to the power of the number of periods.
For choice 1, Julie will get her whole retirement payout in a lump payment of $141,000 right now. Option 2 will conclude her with $20,000 a year for eight years along with a lump sum payout of $60,000 at the end of the eight years.
To evaluate which option is better for Julie assuming that she can invest money at 9%, we can calculate the present value for each option.
PV equals $141,000 for option 1 / (1+0.09)0 = $141,000
PV is $20,000 / (1+0.09) for option 2 + $20,000 / (1+0.09)² + $20,000 / (1+0.09)³ + $20,000 / (1+0.09)⁴ + $20,000 / (1+0.09)⁵ + $20,000 / (1+0.09)⁶ + $20,000 / (1+0.09)⁷ + ($60,000) / (1+0.09)⁸ = $128,591
As a result, because option 1 has a greater present value than option 2, I advise Julie to choose it.
In the field of finance and economics, interest is considered the amount paid over and above the principle amount (the amount borrowed) to a lender or depositor by a borrower or deposit-taking financial institution at a predetermined rate. It differentiates from a fee that the borrower have to pay to the lender or another organization.
It also distinguished from a dividend, which is cash distributed to shareholders (owners) by a business from its profit or reserve, but not at a predetermined rate or proportionally; rather, it is a portion of the reward received by risk-taking businesspeople when revenue is earned that exceeds all costs.
To Learn more about interest
brainly.com/question/30393144
#SPJ1
Place the steps in order for inserting a video link into a document.
Place the cursor at the
insertion point
Click the Online Video
button
Preview the video before
saving the document
Click Insert tab
Search for and select the
video
Choose Online Video from the ribbon's Insert tab. Insert the URL you copied in step 2 into the Insert Video dialog box. Choose Insert.
What actions are required to add a hyperlink to a document?Make a link to a specific web page.
The text or image that you want to appear as a hyperlink should be selected. Input Ctrl+K. You may also choose Link from the shortcut menu by right-clicking the text or image and selecting it.
What is the best way to add a video to a Word document?
Add a video, sound, or movie to Microsoft Word, PowerPoint, or Excel.
Click Object from the Insert menu, then select the Create from File tab.
Locate the movie (or sound wave) you wish to insert by clicking Browse and then browsing.
Choose a movie (video clip or sound wave)
Press Insert.
Double-click a media file's icon to start playing it.
Select OK.
To know more about video link into a document visit:-
https://brainly.com/question/14836628
#SPJ13
A corporation is listed as one of the Standard and Poor's 500. That means the company is _____. (Select all that apply.) used as a benchmark for some industry leverage comparisons an energy sector stock is not presently carrying debt publicly traded
Answer:
used as a benchmark for some industry leverage
Explanation:
Standard and Poor's 500, sometimes known as S&P 500 is an index for stock market which measures the stock performance of five hundred large organizations that is listed in the stock exchanges of the United States. It is founded in the year 1957.
The S&P lists a group of 500 organizations whose daily average share prices are use to calculate the the index a day's security prices. It is used to benchmark the organization.
suppose that glamour nails, incorporated's capital structure features 30 percent equity, 70 percent debt, and that its after-tax cost of debt is 4 percent, while its cost of equity is 10 percent. if the appropriate weighted average tax rate is 21 percent, what will be glamour nails' wacc?
Glamour Nails' WACC is 6.92% when glamour nails, incorporated's capital structure features 30 percent equity, 70 percent debt, and that its after-tax cost of debt is 4 percent, while its cost of equity is 10 percent. if the appropriate weighted average tax rate is 21 percentl.
To calculate the WACC (Weighted Average Cost of Capital) for Glamour Nails, we need to use the formula:
WACC = (E/V x Re) + (D/V x Rd x (1-Tc))
Where:
E/V = percentage of equity in the capital structure = 30%
Re = cost of equity = 10%
D/V = percentage of debt in the capital structure = 70%
Rd = after-tax cost of debt = 4%
Tc = weighted average tax rate = 21%
Now, let's plug in the values:
WACC = (0.3 x 0.1) + (0.7 x 0.04 x (1-0.21))
WACC = (0.03) + (0.0392)
WACC = 0.0692 or 6.92%
Therefore, Glamour Nails' WACC is 6.92%.
To know more about percent equity visit
https://brainly.com/question/30124141
#SPJ11
outline 4 reasons why most developing countries rely on extractive levels of production
Explanation:
The World Bank helps developing countries manage their natural resource wealth responsibly and sustainably, in a way that contributes to sustainable growth and development, protects communities and reduces carbon emissions.
which kind of budget will cause the largest increase in a country's national debt
Hailey is considering taking out an 8-year loan with monthly payments of $115 at an apr of 3. 2%, compounded monthly, and this equates to a loan of $9728. 75. Assuming that hailey's monthly payment and the apr of the loan remain fixed, which of these is a correct statement?.
The total loan amount is $9728.75. Hence, B. If it were a 14-year loan, the amount of the loan that Hailey is considering taking out would be less than $9728.75.
As the term of the loan increases, the total amount of the loan increases as well. This is because a longer loan term means more opportunities for interest to accrue, which increases the overall cost of the loan. Since the monthly payment and APR are fixed, as the term of the loan increases, the total amount of the loan would decrease.
To calculate the total loan amount, you can use the formula:
Loan Amount = Monthly Payment x\(( ( 1 + r )^n^ -^ 1) / (r * (1 + r)^n)\)
Where:
Loan Amount is the total loan amount
Monthly Payment is the fixed monthly payment ( $115 in this case)
r is the monthly interest rate (3.2%/12)
n is the number of months for the loan term ( 8 years x 12 months/year)
Plugging in the values from the question:
Loan Amount = 115 x ( ( 1 + 0.0032 )⁹⁶ ⁻ ¹) / (0.0032 x (1 + 0.0032)⁹⁶)
Loan Amount = 115 x ( 1.0032⁹⁶ ⁻ ¹) / (0.0032 x 1.0032⁹⁶)
Loan Amount = 115 x (2.812973 - 1) / (0.0032 x 2.812973)
Loan Amount = 115 x 1.812973 / 0.0096
Loan Amount = 9728.75
Hailey is considering taking out an 8-year loan with monthly payments of $115 at an APR of 3.2%, compounded monthly, and this equates to a loan of $9728.75. Assuming that Hailey's monthly payment and the APR of the loan remain fixed, which of these is a correct statement?
A. If it were a 6-year loan, the amount of the loan that Hailey is considering taking out would be more than $9728.75.
B. If it were a 14-year loan, the amount of the loan that Hailey is considering taking out would be less than $9728.75.
C. If it were a 12-year loan, the amount of the loan that Hailey is considering taking out would be less than $9728.75.
D. If it were a 10-year loan, the amount of the loan that Hailey is considering taking out would be more than $9728.75.
Learn more about loan: https://brainly.com/question/8414865
#SPJ4
Why is it a good idea to invest in both bonds and stocks?
Answer:
Diversifying your account by investing in both stocks and bonds provides protection because you can offset some, or all, of your losses in one investment with the gains in the other investment.