Jupiter Corporation's earnings per share (EPS) is $1.05. This is calculated based on net earnings of $1.68 million and 1.60 million shares outstanding.
To calculate Jupiter Corporation's earnings per share (EPS), we need to determine the net earnings after interest and taxes, and then divide it by the number of shares outstanding. Here's the calculation
Calculate the net earnings after interest and taxes:
Earnings Before Interest and Taxes (EBIT) = $3.36 million
Interest Expense = $1.12 million
Tax Rate = 25%
Earnings Before Taxes (EBT) = EBIT - Interest Expense
= $3.36 million - $1.12 million
= $2.24 million
Net Earnings = EBT * (1 - Tax Rate)
= $2.24 million * (1 - 0.25)
= $2.24 million * 0.75
= $1.68 million
Calculate the Earnings per Share (EPS):
Number of Shares Outstanding = 1.60 million
EPS = Net Earnings / Number of Shares Outstanding
= $1.68 million / 1.60 million
= $1.05
Therefore, Jupiter Corporation's earnings per share (EPS) is $1.05.
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6
A company that is located in the U.S. and sells its product to customers in Mexico is participating in what?
A. Demographics
B. News media
C. The global marketplace
D. Web marketing
Answer:
c
Explanation:
the global marketplace
Answer:
C
Explanation:
got it right on Edge
Many customers value fast, fresh, flavorful food that is free of preservatives, chemicals, and antibiotics. The marketing mix factor that represents the value of the product to a customer is:
The marketing mix factor that represents the value of the product to a customer is price.
What is marketing mix?Marketing mix simply means the elements that are involved in the marketing of a good. They're product, price, place, and promotion.
In this case, the marketing mix illustrated is price since it deals with the value of the product.
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By the end of 2017, Klein, a domestic corporation, had accumulated $10,000,000 in cash from the overseas operations of its Liberia subsidiary. Klein made no distributions of this accumulated E & P during 2017. Compute the one-time transition tax liability that was incurred by Klein. $fill in the blank 1
Klein, being a domestic corporation, was subject to a one-time transition tax on its accumulated foreign earnings and profits (E&P) as a result of the Tax Cuts and Jobs Act (TCJA) of 2017. The transition tax applies to the untaxed foreign earnings and profits of certain specified foreign corporations, including Klein's Liberia subsidiary.
To compute the one-time transition tax liability incurred by Klein, we need to first determine its accumulated E&P as of November 2, 2017, which is the end of the last taxable year of the specified foreign corporation that began before January 1, 2018. In this case, we are told that Klein had accumulated $10,000,000 in cash from the overseas operations of its Liberia subsidiary by the end of 2017.
Next, we need to calculate the amount of E&P that is subject to the transition tax. Under the TCJA, the amount of E&P subject to the transition tax is determined by multiplying the accumulated E&P by the applicable percentage, which varies depending on whether the E&P is held in cash or in other assets. For cash, the applicable percentage is 15.5%, while for other assets, the applicable percentage is 8%. In this case, since Klein's accumulated E&P is in cash, we will use the 15.5% rate.
Therefore, the amount of Klein's E&P that is subject to the transition tax is:
$10,000,000 x 15.5% = $1,550,000
This means that Klein's one-time transition tax liability is $1,550,000. It is important to note that Klein may be able to claim foreign tax credits to offset some or all of its transition tax liability.
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which three statements best describes strategic market research
Strategic market research is a process of collecting and analyzing data to identify opportunities, assess risks, and develop strategies that will help a business succeed in the market. Here are three statements that best describe strategic market research:
Strategic market research is focused on the long-term success of a business. It involves looking beyond immediate challenges and identifying opportunities that can help a business grow and thrive over time. Strategic market research is data-driven. It involves gathering and analyzing data from a variety of sources, including customers, competitors, and industry trends, to inform decision-making and strategy development. Strategic market research is proactive. It involves anticipating market changes and trends, rather than simply reacting to them. By staying ahead of the curve, businesses can position themselves for success in a rapidly evolving market.
Strategic market research is a complex and multifaceted process that requires careful planning and execution. It is a critical component of any successful business strategy, as it provides the insights and data needed to make informed decisions about where to focus resources, how to differentiate from competitors, and how to create value for customers. One of the key aspects of strategic market research is that it is focused on the long-term success of a business. Rather than simply addressing immediate challenges, strategic market research involves looking ahead and identifying opportunities that can help a business grow and thrive over time. This might involve exploring new markets or customer segments, developing new products or services, or refining existing offerings to better meet customer needs. Overall, strategic market research is an essential tool for any business looking to succeed in today's competitive marketplace. By taking a proactive, data-driven approach to understanding customer needs and market dynamics, businesses can position themselves for long-term success and growth.
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As a producer, you are willing to supply the most goods at the highest price. This is because the highest
price earns you the
most demand
highest costs
most profits
Answer: most profits
Explanation:
The following are selected 2020 transactions of Skysong Corporation
Sept. 1 Purchased inventory from Encino Company on account for $47,400. Skysong records purchases gross and uses a periodic inventory system.
Oct. 1 Issued a $47,400, 12-month, 8% note to Encino in payment of account
Oct. 1 Borrowed $47,400 from the Shore Bank by signing a 12-month, zero-interestbearing $52,040 note
A) Prepare journal entries for the selected transactions above.
B) Prepare Adjusting journal entries at December
C) Compute the total net liability to be reported on the December 31 balance sheet for:
-The Interest bearing note:
-The zero interest bearing note:
A) Journal entries for the selected transactions:
Sept. 1:
Inventory Dr $47,400
Accounts Payable Cr $47,400
(Being inventory purchased on account from Encino Company)
Oct. 1:
Accounts Payable Dr $47,400
Notes Payable Cr $47,400
(Being the issuance of a 12-month, 8% note in payment of the account to Encino)
Oct. 1:
Cash Dr $47,400
Notes Payable Cr $47,400
(Being cash borrowed from Shore Bank by signing a 12-month, zero-interest-bearing $52,040 note)
B) Adjusting journal entries at December:
Dec. 31:
Interest Expense Dr (8/12 * 8% * $47,400)
Interest Payable Cr (8/12 * 8% * $47,400)
(Being an accrual of interest for 8 months on the 8% note payable)
Dec. 31:
Discount on Notes Payable Dr (($52,040 - $47,400) * 12.2% * 3/12)
Interest Expense Cr (0% * $47,400 * 3/12)
(Being an amortization of the discount on the zero-interest-bearing note)
C) Total net liability on December 31 balance sheet:
Interest-bearing note: $49,928Zero-interest-bearing note: $42,816.Computation of the total net liability on December 31 balance sheet:
Interest-bearing note:
Principal amount = $47,400Annual interest rate = 8%Time period = 8 monthsInterest = (Principal amount × Annual interest rate × Time period) / 12= (47,400 × 8% × 8) / 12= $2,528Total liability = Principal amount + Interest
= $47,400 + $2,528
= $49,928
Zero-interest-bearing note:
Principal amount = $47,400Less: Discount = ($52,040 - $47,400) = $4,640Time period = 3 monthsInterest expense = Principal amount × Annual interest rate × Time period
= $47,400 × 0% × 3/12
= $0
Discount amortization = Discount on notes payable × Time period × Rate
= $4,640 × 3/12 × 12.2%
= $56
Total liability = Principal amount - Discount + Interest expense
= $47,400 - $4,640 + $0 + $56
= $42,816
Therefore, the total net liability to be reported on the December 31 balance sheet for:
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Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,
An economy that has the lowest opportunity cost for producing a particular good is said to have a(n): A. absolute advantage. B. comparative advantage. C. production possibilities curve. D. increasing opportunity cost. E. free-trade zone.
Answer:
B. comparative advantage
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
For example, country A produces 20 kg of beans and 5kg of rice. Country B produces 5kg of beans and 20kg of rice.
for country A,
opportunity cost of producing beans = 5/20 = 0.25
opportunity cost of producing rice = 20/5 = 4
for country B,
opportunity cost of producing rice = 5/20 = 0.25
opportunity cost of producing beans = 20/5 = 4
Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice
What is FDIC deposit insurance coverage?
One of the major advantages of holding an account at an FDIC-insured bank is deposit insurance, which is how the FDIC safeguards your funds in the unlikely case of a bank failure.
What does FDIC insurance actually cover?Up to the insurance limit, the FDIC insures depositor accounts at each insured bank, dollar for dollar, including principal and any interest that has accumulated up to the date of the covered bank's closure.The following are not covered by FDIC insurance:
Safety deposit box contentsstocks, bonds, or Treasury securities like T-notes are all examples of investments.investments in money market mutual funds or exchange-traded funds (ETFs).Only if your bank has FDIC (Federal Deposit Insurance Corporation) deposit insurance are your deposits covered.This insurance does not cover losses from fraud and theft, but it does cover deposits in the case of a bank failure.To learn more about Federal Deposit Insurance Corporation refer,
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Suppose the government of Mexico runs a budget deficit. This will result in: A. an increase in interest rates in Mexico and an increase in the value of the peso relative to other currencies. B. a decrease in interest rates in Mexico and an increase in the value of the peso relative to other currencies. C. a decrease in interest rates in Mexico and a decrease in the value of the peso relative to other currencies. D. an increase in interest rates in Mexico and a decrease in the value of the peso relative to other currencies.
Answer:
I belive Is A Please Tell me if I'm wrong or right
. Describe an example of a company that manufactures a product. (2-4 sentences. 1.0 points)
Answer:
The Coca-cola Company is a company that manufactures products. It is a multi-national company that manufactures soft drinks.
Explanation:
The Coca-Cola Company is an American company, and producer, retailer, and marketer of nonalcoholic drink stores and sugars. As the consumers demand for more the producers supply more. Further more you can easily find the substitutes of Coca-Cola for example if it’s expensive you can move to Pepsi brand which is the same.
In the month of June, Bonita's Beauty Salon gave 3,000 haircuts, shampoos, and permanents at an average price of $45. During the month, fixed costs were $16,200 and variable costs were 80% of sales. Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even point Break-even point units
The break-even point is the level of sales at which a business neither makes a profit nor incurs a loss. In order to calculate the break-even point in dollars and units using the contribution margin technique, we need to determine the contribution margin per unit.
The contribution margin per unit is calculated by subtracting the variable cost per unit from the selling price per unit. In this case, the selling price per unit is $45 and the variable cost is 80% of sales. Since 80% of sales represents the variable cost, we can calculate the variable cost per unit as 80% of the selling price per unit.
Variable cost per unit = 80% * selling price per unit = 0.8 * $45 = $36
Now that we have the variable cost per unit, we can calculate the contribution margin per unit:
Contribution margin per unit = selling price per unit - variable cost per unit = $45 - $36 = $9
To calculate the break-even point in dollars, we need to divide the fixed costs by the contribution margin per unit:
Break-even point in dollars = fixed costs / contribution margin per unit = $16,200 / $9 = $1,800
Therefore, the break-even point in dollars is $1,800.
To calculate the break-even point in units, we need to divide the fixed costs by the contribution margin per unit:
Break-even point in units = fixed costs / contribution margin per unit = $16,200 / $9 = 1,800 units
Therefore, the break-even point in units is 1,800 units.
In conclusion, the break-even point for Bonita's Beauty Salon is $1,800 in dollars and 1,800 units. This means that Bonita's Beauty Salon needs to sell 1,800 haircuts, shampoos, and permanents to cover its fixed costs and start making a profit.
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Why do some auto insurance customers want medical coverage for their
policies?
A. To help find the best hospital to care for people they injured in a
car accident
B. To keep from having to make a co-pay in case of a minor injury
after an accident
C. To avoid having to pay for hospital bills resulting from an accident
they cause
D. To prevent uninsured motorists from suing them for injuries they
cause
9514 1404 393
Answer:
C. To avoid having to pay for hospital bills resulting from an accident they cause
Explanation:
The purpose of any sort of insurance is to limit or eliminate the policy-holder's liability. Medical insurance in an auto policy pays for medical bills the policy-holder might otherwise be liable for as a consequence of an auto accident.
true or false: equally weighted indexes do not correspond to buy and hold portfolio strategies.
The given statement "equally weighted indexes do not correspond to buy and hold portfolio strategies" is true (T) because they assign equal weight to each stock or asset in the index, regardless of its market capitalization or other relevant factors.
This means that smaller, less established companies are given the same weight as larger, more established ones, which can result in higher volatility and greater risk. In contrast, a buy and hold strategy takes into account a range of factors, including the market capitalization, growth potential, and financial stability of each individual company. This approach is designed to maximize returns over the long term, while minimizing risk and volatility.
Equally weighted indexes assign the same weight to each stock in the index, regardless of its market capitalization or other relevant factors. This is in contrast to a buy and hold strategy, which takes into account a range of factors and is designed to maximize returns over the long term while minimizing risk and volatility.
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McCullough Hospital uses a job-order costing system to assign costs to its patients. Its direct materials include a variety of items such as pharmaceutical drugs, heart valves, artificial hips, and pacemakers. Its direct labor costs (e.g., surgeons, anesthesiologists, radiologists, and nurses) associated with specific surgical procedures and tests are traced to individual patients. All other costs, such as depreciation of medical equipment, insurance, utilities, incidental medical supplies, and the labor costs associated with around-theclock monitoring of patients are treated as overhead costs. Historically, McCullough has used one predetermined overhead rate based on the number of patient-days (each night that a patient spends in the hospital counts as one patient-day) to allocate overhead costs to patients. For the most recent period, this predetermined rate was based on three estimates-fixed overhead costs of $17,440,000, variable overhead costs of $110 per patientday, and a denominator volume of 20.000 patient-days. Recently a member of the hospital's accounting staff has suggested using two predetermined overhead rates (allocated based on the number of patient-days) to improve the accuracy of the costs allocated to patients. The first overhead rate would include all overhead costs within the Intensive Care Unit (ICU) and the second overhead rate would include all Other overhead costs. Information pertaining to these two cost pools and two of the hospital's patients - Patient A and Patient B-is provided below: Required: 1.Assuming McCullough continues to use only one predetermined overhead rate, calculate: a. The predetermined overhead rate. b. The total cost, including direct materials, direct labor, and applied overhead, assigned to Patient A and Patient B. 2. Assuming McCullough calculates two overhead rates as recommended by the staff accountant, calculate: Required: 1.Assuming McCullough continues to use only one predetermined overhead rate, calculate: a. The predetermined overhead rate. b. The total cost, including direct materials, direct labor, and applied overhead, assigned to Patient A and Patient B. 2. Assuming McCullough calculates two overhead rates as recommended by the staff accountant, calculate: a. The ICU and Other overhead rates. b. The total cost, including direct materials, direct labor, and applied overhead, assigned to Patient A and Patient B. (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answers to nearest dollar amount.)
1. Assuming Mc Cullough continues to use only one predetermined overhead rate, calculate a. The predetermined overhead rate is given by;
Predetermined overhead rate = Total estimated overhead cost / Total estimated activity base redetermined overhead rate = (Fixed overhead cost + Variable overhead cost) / Activity base, where Activity base = Patient days in the hospital Predetermined overhead rate = ($17,440,000 + ($110 × 20,000)) / 20,000 Predetermined overhead rate = $5.87 per patient-day
b. The total cost, including direct materials, direct labor, and applied overhead, is assigned to Patient A and Patient B. The solution to the cost calculation of patients A and B is as follows;
Cost of patient A = (Direct material cost + Direct labor cost + Applied overhead cost)Cost of patient A = (($4,800 + $7,650 + (5.87 × 7 days)) Cost of patient A = $8,200.69
Cost of patient B = (Direct material cost + Direct labor cost + Applied overhead cost) Cost of patient B = (($3,650 + $9,875 + (5.87 × 5 days)) Cost of patient B = $14,626.95
Hence the total cost of patient A is $8,200.69 while the total cost of patient B is $14,626.95.
2. Assuming McCullough calculates two overhead rates as recommended by the staff accountant, calculate:
a. The ICU and Other overhead rates.
ICU overhead rate = ICU overhead costs / ICU patient days ICU overhead rate = $3,600,000 / 5,000 ICU overhead rate = $720 per patient-day
Other overhead rate = Other overhead costs / Other patient days other overhead rate = ($17,440,000 - $3,600,000) / 15,000Other overhead rate = $936 per patient-day
b. The total cost, including direct materials, direct labor, and applied overhead, assigned to Patient A and Patient B.
The solution to the cost calculation of patients A and B using two overhead rates is as follows;
Cost of patient A = (Direct material cost + Direct labor cost + Applied overhead cost)
Cost of patient A = (($4,800 + $7,650 + ($720 × 5 ICU days)) + ($936 × 2 non-ICU days)) Cost of patient A = $12,167.80
Cost of patient B = (Direct material cost + Direct labor cost + Applied overhead cost)
Cost of patient B = (($3,650 + $9,875 + ($720 × 2 ICU days)) + ($936 × 3 non-ICU days))
Cost of patient B = $16,004.45
Therefore, the total cost of patient A is $12,167.80 while the total cost of patient B is $16,004.45.
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Which means the same as human resources?
Answer: manpower
Explanation:
Answer:
HR, forces, personal, staff
Explanation:
these are all commonly used terms for human resources
To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.
To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.
In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.
The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.
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someone help me. i have no clue oml
Answer:
Get a dice and roll it.
Explanation:
Samantha is not hired for a job as a warehouse worker because the supervisors do not think female workers are strong enough to complete job tasks. This is an example of
A - disability discrimination
B - gender discrimination
C - LGBTQ discrimination
D - religious discrimination
what type of performance appraisal would reduce heidi's perceptions of chris's performance and focus more on facts? multiple choice objective 360-degree behaviorally anchored
Answer: Objective
Explanation:
Which of the following is characteristic of a centrally planned economy?
Dimsdale Sports, a merchandising company, reports the following balance sheet at December 31. DIMSDALE SPORTS COMPANY Balance Sheet December 31 Assets Cash $ 21,000 Accounts receivable 520,000 Inventory 142,500 Equipment $ 648,000 Less: Accumulated depreciation 81,000 Equipment, net 567,000 Total assets $ 1,250,500 Liabilities and Equity Liabilities Accounts payable $ 365,000 Loan payable 12,000 Taxes payable (due March 15) 89,000 $ 466,000 Equity Common stock $ 472,500
Answer:
Dimsdale Sports Company's balance sheet at December 31 shows assets of $1,250,500, including cash, accounts receivable, inventory, and equipment. Liabilities amount to $466,000, with common stock equity of $472,500.
Dimsdale Sports Company Balance Sheet
December 31
Assets:
Cash: $21,000
Accounts receivable: $520,000
Inventory: $142,500
Equipment: $648,000
Less: Accumulated depreciation: $81,000
Equipment, net: $567,000
Total assets: $1,250,500
Liabilities and Equity:
Liabilities:
Accounts payable: $365,000
Loan payable: $12,000
Taxes payable (due March 15): $89,000
Total liabilities: $466,000
Equity:
Common stock: $472,500
Explanation (150 words):
The balance sheet provides a snapshot of Dimsdale Sports Company's financial position at December 31. It outlines the company's assets, liabilities, and equity.
The company's assets include cash, accounts receivable, inventory, and equipment. Cash represents the amount of money the company currently holds. Accounts receivable represents amounts owed to the company by its customers. Inventory represents the value of goods held for sale. Equipment refers to the company's tangible assets used in its operations. The net equipment value is calculated by subtracting the accumulated depreciation from the original cost of equipment.
On the liabilities side, the company has accounts payable, representing amounts owed to suppliers or vendors. There is also a loan payable, indicating an outstanding loan obligation. Taxes payable represents taxes that are due by March 15.
The equity section shows the common stock value, which represents the amount invested by shareholders in the company.
In total, the liabilities and equity equal the total assets, demonstrating the balance between what the company owes and its shareholders' investment.
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Chenglei, an IT manager, has been studying the actions that his workers perform in an attempt to improve their productivity. Chenglei is utilizingA) job evaluationB) management science.C) behaviorism.D) the Hawthorne effect.E) scientific management
Answer: scientific management
Explanation:
A locally
Operated business produces locally demanded goods and services justify this statement
The best justification of the statement that a locally operated business produces locally demanded goods and services is:
They provide goods and services which the people in the area wants.According to the given question, we are asked to state the best justification of the statement that a locally operated business produces locally demanded goods and services
As a result of this, we can see that when a local business produces goods, then it is more liable to listen to the needs and demands of the local people and which would meet the customer's needs and also give profit to the business.
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Requiring managers to prepare the budgets from scratch or zero-base may help them to overcome the problem of:
Answer: Excessive cost
Explanation:
Zero-based budgeting is the sort of budgeting where when income is subtracted from expenses it gives zero. This sort of budgeting puts a measure of the expenses, it ensures the expenses matches the income. The purpose of the budget plan is to justify expenses and optimize cost, thereby look out for cost effective ways to plan and avoid inflated budgets. It primarily guides against excessive costs on projects.
if companies have identical inventoriable costs but use different inventory flow assumptions when the price of goods have not been constant, then the:
Answer:
Bigyan mo ako ng pick para maanswer
Explanation:
patawad talaga
You can buy life insurance for anyone. True or false
Answer:
False
Explanation:
Answer: False
Explanation:
Two technicians are discussing the hvac r fild. Technician a says that industry codes that require certain types of installation practice carry the forced of law with them technician b say that ansi is a organization's that estblis codes for the hvac/r fild
Answer: Technician B is correct.
Explanation: It should be noted that, that ansi is a organization's that establishes codes for the hvac/r fild. Therefore, the position of technician a that says industry codes that require certain types of installation practice carry the forced of law with them is wrong.
Which of the following is an example of a soft skill?
A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software
Answer:
Ability to work well with a project team
Explanation:
HELP ME PLS I NEED SOME HELP, URGENTLY!!!!!!
1. Name and define the three planning types that take place in the three hierarchical levels of managerial planning.
2. Describe present-day organizational planning
3. Explain the relationship between planning and communication.
Answer:
1.Planning is one of the four functions of management that allows a manager to develop and implement strategic action steps aimed at reaching an organizational goal. There are three major types of planning, which include operational, tactical and strategic planning.
2.Organizational planning is the continuous process of systematically making plans with the greatest possible knowledge of the future; organizing the activities needed to carry out the plans; and monitoring the results of the plans through feedback.
3.A communication plan, on the other hand, deals with the specifics at hand.At its most basic, a communication plan is a written account of an intended future course of action, aimed at achieving a specific goal within a predetermined timeframe.