Nosloc Corp. had $800,000 net income in 2019. On January 1, 2019 there were 200,000 shares of common stock outstanding. On April 1, 20,000 shares were issued and on September 1, Nosloc bought 30,000 shares of treasury stock. There are 30,000 options to buy common stock at $40 a share outstanding. The market price of the common stock averaged $50 during 2019. The tax rate is 40%. During 2019, there were 40,000 shares of convertible preferred stock outstanding. The preferred is $100 par, pays $3.50 a year dividend, and is convertible into three shares of common stock. Nosloc issued $2,000,000 of 8% convertible bonds at face value during 2018. Each $1,000 bond is convertible into 30 shares of common stock. Instructions Compute diluted earnings per share for 2019. Show all computations.
Answers
Answer:
diluted EPS = $2.05
Explanation:
diluted earnings per share = net income / (weighted common stocks outstanding + diluted shares).
net income = $800,000
weighted common stocks outstanding:
January 1, 200,000 common stocks
April 1, 20,000 stocks issued = 20,000 x 9/12 = 15,000 common stocks
September 1, 30,000 treasury stocks purchased = -30,000 x 4/12 = -10,000
total weighted stocks outstanding = 205,000
diluted shares:
30,000 options at $40 per stock = [($50 - $40) / $50] x 30,000 = 6,000
2,000 bonds x 30 stocks = 60,000
preferred stock = 40,000 x 3 = 120,000
total diluted shares = 186,000
diluted EPS = $800,000 / (205,000 + 186,000) = $2.05
Related Questions
A process includes 9 tasks and there are 3 workers. Each task can be assigned to only one worker and each worker must be assigned consecutive tasks. You need to balance the line by assigning the 9 tasks to the 3 workers in such a way to optimize capacity per hour. The time to complete tasks 1 to 9 (in seconds) are as follows:
80, 50, 30, 25, 55, 15, 45, 105, 40
Reqiured:
What is the capacity of this process in units per hour?
Answers
Answer:
The capacity of this process in units per hour is:
= 2.43 tasks per worker hour.
Explanation:
a) Data and Calculations:
Number of tasks in the process = 9
Number of workers available = 3
Thus, each worker will accomplish 3 tasks (9/3)
Total time to accomplish the 9 tasks = Sum(80, 50, 30, 25, 55, 15, 45, 105, 40) = 445 seconds or 1.236 hours
Therefore, the capacity of the process per hour = 9/(1.236 * 3) = 9/3.708
= 2.43 tasks per worker hour
Market research can help you strategize your _______ and _______ goals.
Primary research is more _______ than secondary research.
Your first marketing priority is to find out if you can _______ your product or services.
The grouping of people for marketing purposes is called _______.
Once you find out what people want, there’s a need to know the _______ for their choices.
Answers
Market research can help you strategize your business and marketing goals.
Primary research is more specific and tailored to your specific needs than secondary research.
Your first marketing priority is to find out if you can sell your product or services.
The grouping of people for marketing purposes is called segmentation.
Once you find out what people want, there's a need to know the motivations for their choices.
Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.
By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.
Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.
While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.
When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.
Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.
Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.
By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.
Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.
By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.
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I am trying to convince my dad to let me be Interior Designer. What are some resons for me to become a Interior Designer?
Answers
Answer:
Explanation:
1 You can manage your time according your scheduled projects.
2 You can have a lot of costumers around the world
3 It is a profitable niche if you are skilled.
4 Your brain always gonna be creative and curious.
5. You can travel around the world with your knowledge.
6. If you are a good one, you maybe have a lot of followers in your networks liking your work.
7 And if really is your passion job, you will be happy in your life.
Best regards
A company's trial balance included the following account balances: Accounts Payable $ 19,347 Accounts Receivable 81,476 Cash 73,464 Income Tax Payable 3,652 Inventory 25,956 Notes Payable, due in two years 1,849 Equipment 55,528 Stockholders’ Equity 204,208 Supplies 5,652 Wages Payable 13,020 What is the amount of Total Assets on the Balance Sheet?
Answers
The amount of Total Assets on the Balance Sheet is $242,076
What is an asset?An asset is something that provides a current, future, or potential economic benefit for an individual or other entity.
Total Assets on the Balance Sheet
Fixed Asset:
Equipment 55,528 55,528
Current Asset:
Accounts Receivable 81,476
Cash 73,464
Inventory 25,956
Supplies 5,652 186,548
Total assets 242,076
Hence, the amount of Total Assets on the Balance Sheet is $242,076
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A computer assembly firm purchases computer parts at $230 per computer. The
operating expenses are 29% on cost and rate of markup is 57% on cost.
a. What is the selling price of each computer?
Round to the nearest cent
What is the operating per computer?
Answers
Answer:
Maybe 60%
Explanation:
adebtor with a credit n balance of 100 and must be transferred to the creditors Ledger how to do that in the note
adaptor with a credit no notes balance of 120 must be transferred to the creditors Ledger how to do that in the asset notes
Answers
To transfer a debtor with a credit balance of 100 to the creditors ledger in the noteadaptor, you need to create a journal entry. The journal entry will debit the debtor account for 100 and credit the creditor account for 100. This will effectively transfer the credit balance from the debtor to the creditor.
The journal entry will look like this:
Debtor Account 100
Creditor Account 100
To transfer a debtor with a credit no notes balance of 120 to the creditors ledger in the asset notes, you will also need to create a journal entry. However, the accounts used will be different.
The journal entry will debit the creditor account for 120 and credit the asset notes account for 120. This will transfer the balance from the debtor account to the creditor account.
The journal entry will look like this:
Creditor Account 120
Asset Notes 120
It is important to make sure that the journal entries are recorded accurately to ensure that the accounts are balanced and to avoid any errors in the financial statements.
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The highest point of construction where rafters meet to form the roof is known as
the ridge board
the gable
the truss
the hip
Answers
The concept of --------, while not mentioned in the U.S. Constitution, is an important part of our legal system.
Answers
Answer:
judicial review,
Explanation:
research lol
Consider the following BPMN diagram:
Answers
If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.
An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.
The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.
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Why should you begin a case analysis with a financial analysis? When are other approaches appropriate?
Answers
A case analysis should start with a financial analysis because it shows how significant the problem is for a company. The primary goal of a business is to make money. studying the firm's total success is thus achievable through studying its financial performance.
A financial analysis will not only help you understand your company's financial health, determining its creditworthiness, profitability, and ability to generate money, but it will also provide you a more in-depth look at how well it functions internally. Horizontal analysis, vertical analysis, ratio analysis, trend analysis, and cost-volume profit analysis are the five most popular approaches to financial statement analysis. Each method enables the creation of a more thorough and sophisticated financial profile.
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As a prospective owner of a club known as the Red Rose, you are interested in determining the volume of sales dollars necessary for the coming year to reach the break-even point. You have decided to break down the sales for the club into four categories, the first category being beer. Your estimate of the beer sales is that 30,000 drinks will be served. The selling price for each unit will average $1.50; the cost is $.75. The second major category is meals, which you expect to be 10,000 units with an average price of $10.00 and a cost of $5.00. The third major category is desserts and wine, of which you also expect to sell 10,000 units, but with an average price of $2.50 per unit sold and a cost of $1.00 per unit. The final category is lunches and inexpensive sandwiches, which you expect to total 20,000 units at an average price of $6.25 with a food cost of $3.25. Your fixed cost (i.e., rent, utilities, and so on) is $1,800 per month plus $2,000 per month for entertainment. a) What is your break
Answers
Answer:
break even point = 3,577 bundles which include:
10,731 beers3,577 meals3,577 desserts and wine7,154 lunches and sandwichesExplanation:
estimated beer sales 30,000
contribution margin per beer = $0.75
estimated meals sales 10,000
contribution margin per meal $5
estimated desserts and wine sales 10,000
contribution margin per dessert and wine $1.50
estimated lunches and sandwiches sales 20,000
contribution margin per lunch and sandwich sales $2
we can make 10,000 bundles consisting of:
3 beer sales = $2.25
1 meal sale = $5
1 dessert and wine sale = $1.50
2 lunches and sandwiches = $4
contribution margin per bundle = $12.75
total fixed costs = $3,800 x 12 months = $45,600
break even point (in bundles) = total fixed costs /contribution margin per bundle = $45,600 / $12.75 = 3,576.47 ≈ 3,577 bundles
Darren and Ike run a custom bicycle shop. This week, they launched a series of free bicycle repair clinics to raise awareness about their business. Which term BEST describes their activity?
Answers
Answer:Maybe they are trying to get people to notice them and come into their shop
Explanation:
Answer:
public relations
Explanation:
write a letter to the post master general Post office dehradun camplaning of late delivery of letter you are murli/Mohini Subhash Nagar dehradun
Answers
A letter to the post master general Post office dehradun camplaning of late delivery of letter you are murli/Mohini Subhash Nagar ddehradun is given below.
How to write the letterSubject: Complaint Regarding Late Delivery of Letter
Dear Post Master General,
I hope this letter finds you in good health and high spirits. I am writing to bring to your attention a matter of concern regarding the consistently late delivery of letters in our locality, Subhash Nagar, Dehradun. As a resident of this area, I have been experiencing significant delays in receiving important letters, which has caused inconvenience and anxiety for myself and other community members.
I have always held the postal service in high regard due to its commitment to efficient and reliable mail delivery. However, over the past few months, the delivery of letters in our neighborhood has been consistently delayed, causing significant distress and inconvenience to the residents.
I understand that occasional delays are inevitable, considering the vast volume of mail handled by the postal service.
I kindly request you to investigate this matter thoroughly and take immediate action to rectify the situation. It is crucial that the Dehradun Post Office ensures that letters are delivered in a timely manner, adhering to the high standards that the postal service is known for.
Thank you for your attention to this matter. I look forward to a positive resolution and improved mail delivery services in the near future.
Yours sincerely,
John
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To write a letter to the postmaster general you have to use the formal letter-writing style. include your address and that of the postmaster. Include a subject for the letter and state your complaints in a formal way.
How to write the letterTo write the letter, you can begin by including your address and date on the right side of the letter and that of the post.
Next, you write the subject of the letter and underline or leave without underlining if the letters are all in capital form. Also, state your concerns respectfully and end with a statement of regard.
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¿Por que muchas culturas tuvieron la necesidad de construir muebles? explique
Answers
Answer:
Los muebles tenían muchos adornos de flores y árboles. Las piezas solían ser asimétricas y tenían líneas curvas. La mayoría de los fabricantes usaban caoba y nogal, con un acabado pulido. La mayoría de las piezas eran muy caras porque se producían a mano
Explanation:
que lo que pienso espero sea de ayuda
Unlimited liability for sole proprietors means that
Answers
Answer:
Sole proprietors and partners have unlimited liability. The unlimited liability means that if you're unable to repay the debts of the business, your creditors can go after whatever you own
A company has net income of $945,000; its weighted average common shares outstanding are $189,000. its dividend per share is $0.90, its market price per share is $97, and its book value per share is $89.50. its price earnings ratio equals:
Answers
Explanation:
Net Income=$945000
Average outstanding=$189000
Per Share=$0.90
Market price=$97
Book value=$89.50
Ratio=7:5
Will Mark as Brainliest!!! +40 extra points Spending money on medical expenses is part of this expenditures approach for calculating the GDP.
a. consumer spending
b. gross exports
c. sum of all the country's businesses spending on capital
d. sum of government spending
e. gross imports
Answers
Answer A
Explanation:
Julia knows that investing in just one company is risky since there’s a chance that the stocks value could decrease. What are some ways she can minimize her risk?
Answers
In a case whereby Julia knows that investing in just one company is risky since there a chance that the stock's value could decrease some ways she can minimize her risk are to;
he Have a diversified portfolio of investments. Know t investment goals and Keep a close eye on your investments.What is the essence of Minimizing risk?When we want to Minimize risk , it implies that we want to reduce the likelihood of facing liability claims and in doing this we will be able to maintain reasonable premium prices.
Hence , when the organization understand as well as control risks it will bring more confidence and help in making decision with respect to right business decisions.
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Is scented candle harmful to dogs?
Answers
Answer:
Scented candles are not harmful to dogs for normal use, but high concentrations in a confined space for a long time would have an impact on the dog's sense of smell.
Because the candles you use will cause a lot of burnt smoke which is harmful to dogs. And aromatherapy ingredients contain a lot of chemical substances. If the windows are opened, it will be ok, if not the more chemical substances accumulate, the more it will be harmful to dogs, or even to the health of people.
Here are several ways to avoid the harm caused by aromatherapy to dogs:
Do not ignite the two types of aromatherapy in a short time or at the same time, to avoid the two types of aromatherapy, which are mutually ineffective and produce toxic gas.
Try not to light candles in a closed bedroom when you sleep.
Keep air circulation.
Keep all kinds of aromatherapy out of reach of dogs.
Use Home Lights scented candles in the right way.
Explanation:
https://hlcandles.com/
Codes of ethics are insufficient and do not serve their proper purpose if they are intended only to ensure that company policies are legal.
A. True
B. False
Answers
A soup kitchen falls under what type of organization?
National School Lunch Program
Nutrition Program for the Elderly
Expanded Food and Nutrition Education Program
Food Bank
Answers
food bank because they used a soup kitchen during the Great depression and it's for the homeless people too it has to be program
The first step in creating a budget is to
A invest money
В. track expenses
C set financial goals
D explore income opportunities
Answers
Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Answers
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
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a lower price elasticity of demand coefficient occurs when: group of answer choices the market is broadly defined. many substitutes exist. the quantity demanded is more responsive. few substitutes exist.
Answers
A lower price elasticity of demand coefficient occurs when a.many substitutes exist.
What is the Price elasticity of demand ?Price elasticity of demand can be described as the tools that is been use by the economist to find the ratio of the percentage change in quantity demanded which can be attributed top the product of the percentage change in price.
It should be noted that the Economists do make use of this price elasticity of demand coefficient so that they can have the understanding of how supply as well as the demand change as a result of the product's price changes.
In conclusion, the lower price elasticity of demand coefficient can be seen to become lower when there is the presence of many substitutes because these substitutes can be used in the replacement of the products in the market and these substitutes can be using by the customer without actually concern about the products.
Therefore, the first option is correct.
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Which best describes how consumers may benefit from specialization?
Consumers can only purchase high-quality goods.
Consumers have more price options.
O Consumers receive more sale offers.
O Consumers find products at lower prices.
Answers
In specialization a company have produced the product at different price levels. Consumers have more price options.
What is consumer?A consumer is a person who purchases the goods and or services from the business and is also the ultimate user of the products or services. In specialization the company produces a certain product at many different levels by which they have many price options available which vary according to their customization and quality that can be offered to the consumers and hence the customer can purchase different types of a single product from a single company or Brand.
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Which of the following is true of the BCG matrix approach. A) It is inexpensive to implement. B) It does not consider relative market share to be a measure of company strength in the market. C) It describes consumer motivations and needs. D) It considers market growth rate to be a measure of market attractiveness. E) It does not have any limitations
Answers
Answer:
D) It considers market growth rate to be a measure of market attractiveness
Explanation:
In 1970, Bruce D. Henderson developed and created a growth-share matrix for the Boston Consulting Group (BCG). The Boston Consulting Group (BCG) growth-share matrix is a tool used for analyzing and planning product lines in a business unit. It makes use of a graphical representation of a company's product line and services to analyze and make long-term strategic plans on which to invest more on or sell off.
Generally, products are divided into four (4) main categories in the BCG growth-share matrix;
1. Dogs.
2. Stars.
3. Question marks.
4. Cash cows.
The statement which is true of the Boston Consulting Group (BCG) matrix approach is that, it considers market growth rate to be a measure of market attractiveness.
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.
Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Select the education and qualifications that are most helpful for Warehousing and Distribution Center Operations careers. Check all that apply.
high school degree
stamina
leadership
patience
concentration skills
associate degree
creativity
Answers
Answer:
High school degree
Stamina
Patience
Concentration skills
Explanation:
Just did it on edg.
The education and qualifications that are most helpful for Warehousing and Distribution Center Operations careers are:
High school degreeStaminaPatienceConcentration skillsWhat is Warehousing and Distribution Center Operation?Distribution centers offer value-added services such product mixing, order fulfilment, cross-docking, kitting, and packing in addition to the primary function of storing items in warehouses. Distribution centers, in contrast to warehouses, also only keep the necessary quantity of goods for a shorter amount of time.
Because they primarily support B2B enterprises as a conduit between suppliers and customers, distribution centers are more customer-centric. Distribution centers are in charge of effectively meeting customer demands and expectations; warehouses are in charge of safely keeping products.
Operations at distribution centers are therefore more complicated than those at warehouses. Distribution centers use state-of-the-art technology for order processing, inventory management, warehouse management, and transportation management.
Define concentration."The ability to direct your thinking in any direction you choose and to hold it for as long as you choose" is the definition of concentration.
Concentration is the capacity to narrow the field of awareness to one particular idea or subject while rejecting all other distractions.
One of the most crucial skills anybody should have is the capacity to concentrate. However, the majority of people find it difficult to focus. They frequently can't focus on one thing for a reasonable amount of time since their attention tends to wander.
This is a problem that can be solved. The capacity for concentration can be improved, just like any other talent. A person who practices mental discipline may concentrate without being interrupted by thoughts, sounds, or anything else.
While you might occasionally appear to be reading or concentrating on your work, if your attention is diverted you probably won't be able to retain the information for long enough to use it properly to produce something intelligible.
If you find the subject matter to be "boring," you're too sleepy or hungry, you have too much on your plate, you lack motivation for a long-term or short-term goal, or you're very concerned or worried and easily distracted, your ability to focus may be affected.
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A local town is under pressure from voters to close a polluting factory. The head of the homeowner’s organization argues that the pollution is a menace, and if the full external costs of the pollution were calculated, the factory would not be profitable. The homeowners calculate that the pollution generates an external cost of $3,000,000 per year in medical bills and $1,000,000 per year in suppressed property values, which reflects the difference in home prices with and without pollution. That factory makes a profit of $5,000,000 per year.
i.What is the external cost of the pollution?
ii.If the factory is forced to consider the total social costs of pollution, would it be profitable?
iii.How much could the town tax the factory before profits become zero?
iv. What does the Coase theorem suggest about negotiations between the town and the factory?
Answers
The amount of pollution allowed to be released is capped by the government, and businesses that go above those limits are subject to fines.
What is the profitable word's root?The Latin word profectus means "success and progress," which is appropriate given that a company's success is typically measured by its profitability. definitions of success. the ability to obtain profit, advantage, or gain.
What should a profitable business do?A job needs to make enough gross profit to be deemed profitable. To put it another way, the money you make from the employment should be enough to pay for the costs associated with the job. A company must make enough money from all of its active jobs in order to be profitable.
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You have an investment that will provide $1,000 at the end of each of the next 24 months and
$1,500 at the end of each of the following 24 months (periods 25 through 48). If your opportunity cost of funds is 10%, how much would you pay for this investment (what is the present value)?
Answers
Answer:A. $48,307
Explanation: Did the test.
16-3B Job Cost Sheet
Answers
The exact costs of a job are listed on a job cost sheet. Typically, it contains the customer's name, address, job number, job description, start and end dates, as well as an anticipated completion date. During production, the costs for the job are noted on the sheet.
How is job costing calculated?Direct materials plus direct labor plus applied overhead equals the total job cost.
Calculated Overhead Rate = Calculated Overhead / Calculated Activity
Direct materials plus direct labor plus applied overhead equals the total job cost.
Does the cost sheet include bank fees?It always relates to sales and is therefore included in cost of sales. Bank fees are an expense but also contribute to finance costs. therefore, a tangential administrative overhead.
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