Bargain Burgers' decision to become the lowest-price competitor in the fast-food hamburger industry reflects the company's objective of pricing. Aim to attract customers away from higher-priced restaurants by offering the same product at a lower price this is known as the penetration pricing strategy.
The goal of penetration pricing is to capture market share quickly and build customer loyalty through a low-cost, high-volume approach. Bargain Burgers' decision to adopt this pricing strategy reflects a desire to increase sales volume and market share, even if it means sacrificing profit margins in the short term.
By offering lower prices, Bargain Burgers may also be able to attract price-sensitive customers who are willing to sacrifice quality or convenience for a better deal. This could include budget-conscious consumers, families, or students who are looking for a quick and affordable meal.
However, there are some potential drawbacks to using a penetration pricing strategy. For one thing, it could be difficult for Bargain Burgers to raise its prices in the future without losing customers who are used to paying a lower price. Additionally, this strategy could lead to lower profit margins in the short term, which could make it difficult for the company to invest in new products, services, or marketing initiatives.
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There are many different ways interviews can be conducted, including face-to-face, distance, group, and performance . Which style would you prefer the most? Why? Which style would you prefer the least? Why? << Read Less
which method of project selection gives consideration to the time value of money in a capital budgeting decision
Discounted cash flows method of project selection gives consideration to the time value of money in a capital budgeting decision.
Discounted cash flow;A valuation technique known as discounted cash flow (DCF) uses an investment's anticipated future cash flows to estimate its value. The use of precise numbers and the fact that it is more objective than other methods of valuing an investment are the main advantages of a discounted cash flow analysis, which attempts to determine the value of an investment today based on projections of how much money that investment will generate in the future.
What distinguishes cash flow from discounted cash flow?However, there is a significant distinction between discounted and undiscounted cash flows: limited incomes have been acclimated to consolidate the time worth of cash, dissimilar to undiscounted incomes which aren't changed in accordance with incorporate the time worth of cash.
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in a bid to compete better in a highly-competitive fitness products market, omega is focusing primarily on increasing the attractiveness of its product. what omega is doing is referred to as a
In a bid to compete better in a highly-competitive fitness products market, Omega is focusing primarily on increasing the attractiveness of its product. What Omega is doing is referred to as a differentiation strategy. The correct option is A.
A differentiation strategy is when a company aims to make their products or services more appealing and unique compared to competitors in the market. This can be achieved through design, features, performance, or other aspects that customers find valuable. The goal is to stand out from the competition and offer something that attracts customers and justifies a higher price.
In contrast, a low-cost strategy (Option B) would focus on minimizing costs and offering products at lower prices to attract price-sensitive customers. An effectiveness strategy (Option C) typically involves improving the quality and functionality of the product to deliver better performance and meet customer needs. An efficiency strategy (Option D) aims to optimize the production and delivery processes to reduce costs and improve overall productivity.
To recap, Omega's focus on increasing the attractiveness of its product to compete in the fitness products market is best described as a differentiation strategy. The correct option is A.
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Complete question:
in a bid to compete better in a highly-competitive fitness products market, omega is focusing primarily on increasing the attractiveness of its product. what omega is doing is referred to as a
A. differentiation strategy.
B. low cost strategy.
C. effectiveness strategy.
D. efficiency strategy.
in 2020, there were 150 million more social network users worldwide than before the pandemic.True or False
It is true. In 2020, there will be 150 million more social network users worldwide than before the pandemic.
What are main types of social networks?There are following types of social media, which can be categorized in different ways, include social networking, bookmarks, social messaging, media sharing, microblogging, and online forum sites.
Who are your social media users?According to research studies, there are four categories of social media users: Professional, Sharer, Creator, Bonder.
What are social networks used for?Social networks are websites and apps that enable people and organizations to connect, communicate, share information, and build relationships. People can connect with other people in similar area, family, friends, and individual with similar interests. Social networking is one of the most important uses of the Internet today.
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¿Por que se debe generar alianzas con proveedores y clientes para cuidar el medio ambiente?
Ayuda
Answer:
las alianzas se convierten en estrategias para generar mayor beneficio y crear valor social en diversos problemas del ambito social y ambiental, las cuales aportan a nuevas soluciones o pequeñas ayudas para aquellos problemas.
Explanation:
Se deben crear alianzas con proveedores y clientes para cuidar el medio ambiente con el fin de generar mayor valor y posicionamiento para una organización.
Actualmente, existe una mayor demanda social para que las empresas se conviertan en agentes activos de promoción y desarrollo social y ambiental.
Las empresas que desarrollan un programa de gestión ambiental son, por tanto:
más valoradas por sus consumidores, atraen más inversiones, se vuelven más competitivas y posicionadas en el mercado.Por lo tanto, desarrollar alianzas con grupos de interés con una propuesta de protección ambiental será positivo para que una empresa sea más valorada y reconocida como una empresa que se preocupa por las demandas de la sociedad.
Los programas ambientales también promueven la motivación y la mejora continua de los procesos organizacionales.
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Describe which 2 factors of the audit risk model relate to the risk of material misstatement at the assertion level.
The two factors of the audit risk model that relate to the risk of material misstatement at the assertion level are inherent risk and control risk. Inherent risk refers to the susceptibility of an assertion to a material misstatement, taking into account the nature of the assertion and the entity's environment, while control risk refers to the risk that a material misstatement will not be prevented or detected on a timely basis by the entity's internal control.
In the audit risk model, the two factors that relate to the risk of material misstatement at the assertion level are:
1. Inherent Risk (IR): Inherent risk is the possibility of material misstatement in a financial statement assertion without considering the effectiveness of internal controls. This risk arises due to the nature of the business, transactions, or the account balances being audited. Factors affecting inherent risk include the complexity of transactions, susceptibility to misstatement, and the degree of judgment involved in determining the account balance.
2. Control Risk (CR): Control risk is the risk that a material misstatement in a financial statement assertion could occur and not be detected or prevented on a timely basis by the entity's internal control system. Factors affecting control risk include the design and implementation of internal controls, the effectiveness of monitoring activities, and the segregation of duties within the organization.
In summary, the two factors of the audit risk model that relate to the risk of material misstatement at the assertion level are inherent risk and control risk. Auditors assess these risks to determine the overall audit risk and plan the audit procedures accordingly.
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which of the following statements is true about the relationship between business processes and information systems? group of answer choices information systems incorporate all business process activities and hence, should be developed before business processes. the relationship between business processes and information systems is one-to-one. developing information systems before business processes ensures that all activities are considered in the development process. a business process need not relate to any information system, but an information system relates to at least one business process.
A business process need not relate to any information system, but an information system relates to at least one business process, this statements is true about the relationship between business processes and information systems.
A business process is a logically related sequence of actions that specify how particular business tasks are carried out. It is a distinctive method of coordinating work, information, and knowledge inside an organization. Business processes are important for managers to be aware of since they affect how well a firm can conduct its operations and could provide a competitive edge. Each of the main business functions has its own unique business processes, but many of them are cross-functional. Information systems assist firms restructure and streamline business operations by automating certain of these procedures.
The official organizational division in charge of information technology services is the information systems department. It is in charge of maintaining the networks, data storage, hardware, and software that make up the company's IT infrastructure. The department is often led by a CIO and is made up of professionals including programmers, systems analysts, project managers, and information systems managers.
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which of the following statements is true concerning an intra-entity transfer of a depreciable asset? multiple choice net income attributable to the noncontrolling interest is never affected by a gain on the transfer. net income attributable to the noncontrolling interest is always affected by a gain on the transfer. net income attributable to the noncontrolling interest is affected by a downstream gain only. net income attributable to the noncontrolling interest is affected only when the transfer is upstream. net income attributable to the noncontrolling interest is increased by an upstream gain in the year of transfer.
The statement "net income attributable to the noncontrolling interest is affected only when the transfer is upstream" is true, but it is important to consider the specific details of the transfer to determine the impact on net income attributable to the noncontrolling interest.
The statement that is true concerning an intra-entity transfer of a depreciable asset depends on the specific details of the transfer. It is important to note that an intra-entity transfer refers to a transfer of assets between different departments or divisions within the same company. If the transfer results in a gain, then the impact on net income attributable to the noncontrolling interest will depend on whether the gain is downstream or upstream. If the transfer is downstream, meaning the asset is transferred from a higher-level entity to a lower-level entity, then the gain will not affect net income attributable to the noncontrolling interest. However, if the transfer is upstream, meaning the asset is transferred from a lower-level entity to a higher-level entity, then the gain will increase net income attributable to the noncontrolling interest in the year of transfer.
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Ben is a double major pursuing degrees in both Finance and Marketing. He is interested in obtaining a position as a personal financial advisor after graduation and is interning with a global financial services company. During his internship, he observes that the most successful advisors wear white shirts, dress very conservatively, and read The Wall Street Journal to stay up to date with the latest business and world news. Ben starts to read The Wall Street Journal too and modifies his dress and grooming style to be more like the representatives he admires. Ben is influenced by _______.
Answer:
A reference group
Explanation:
Why do you think most of the careers in finance or business require a four-year
college degree?
A visual depiction of the subassemblies and components that are needed to produce and/or assemble a product is called a(n):A) Assembly time chart B) Product structure tree C) MRP II D) Pegging E) Gantt Chart
The visual depiction of the subassemblies and components that are needed to produce and/or assemble a product is called a Product structure tree. This tool is an essential part of the manufacturing process as it outlines the hierarchy of the product's components, from the top-level assembly down to the individual parts required for production.
The product structure tree helps in the planning and scheduling of production by providing a clear overview of the materials needed for each stage of production.
The product structure tree is created during the planning phase of the production process and is updated as changes occur. The tree helps to identify the dependencies and relationships between the components and subassemblies, allowing for effective production planning and resource allocation. The structure tree helps the production team to determine the sequence of operations, estimate the costs and time required for production, and ensure that the necessary materials are available when needed.
In conclusion, the product structure tree is an essential tool for manufacturers as it helps to ensure that the production process is efficient, cost-effective, and that the final product meets the required quality standards. It is one of the key components of the overall production planning and control system, which also includes tools such as MRP II, assembly time charts, Gantt charts, and pegging. By using these tools, manufacturers can streamline their operations, reduce costs, and improve their overall competitiveness.
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The correct answer is B) A product structure tree, also known as a bill of materials, is a visual representation of the subassemblies and components required to manufacture or assemble a product.
It is an essential document used in production planning, inventory management, and quality control.The product structure tree lists all the materials required to produce the final product, along with their quantities and the sequence in which they are used. The tree begins with the finished product at the top and breaks down the product into its components and subassemblies. Each subassembly is further broken down into its components until the final level of individual parts is reached.The product structure tree is an important tool for manufacturers as it helps them understand the dependencies between different components and subassemblies. It also helps them plan and manage inventory levels and ensures that the right parts are available at the right time during the production process.Assembly time chart, MRP II, Pegging, and Gantt Chart are other production planning and control tools that are used in manufacturing, but they are not visual depictions of the subassemblies and components needed to produce a product.
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Jobs sights on the internet tend to be all alike. True or false?
Please help I’ll give Brainly to the best answer thanks!
Answer: True
Explanation:
1. Every decision made by one, regardless s/he is a producer or a consumer, has a corresponding value Select the correct response A) Optimal decisions are made at a margin B) All choices would incur costs C) The value of products depends on consumer preferences. 2. It sometimes refers to the TANSTAAFL concept Select the correct response A) All choices would incur costs B) The value of products depends on consumer preferences. C) Optimal decisions are made at a margin 3. It pertains to the economizing behavior of people Select the correct response A) People choose rationally B) All choices would incur a cost C) People are required to make choices. 4. people don't give importance to goods or services at the same level Select the correct response A) Choices are made through the available and limited information B) People are required to make choices C) The value of products depends on consumer preferences 5. Society needs to determine who would get the limited resources Select the correct response A) People are required to make choices B) People choose rationally C) Optimal decisions are made at a margin.
Every consumer or producer decision has a value in economics. All choices have prices, consumer preferences determine product value, and people must make judgements with limited information. Society must allocate scarce resources.
Optimal decisions are made at a margin: This means that individuals make decisions by considering the additional benefits and costs associated with a particular choice. They evaluate the marginal utility or satisfaction gained from consuming or producing one more unit of a good or service. By comparing the marginal benefit to the marginal cost, individuals can determine whether a decision is optimal.
All choices would incur costs: Regardless of whether one is a producer or a consumer, making choices involves costs. These costs can be explicit, such as the monetary price of a product, or implicit, such as the opportunity cost of choosing one option over another. Individuals need to assess and compare these costs to make informed decisions.
The value of products depends on consumer preferences: The value of a good or service is subjective and varies among consumers. Consumer preferences play a crucial role in determining the value of products. Different individuals may assign different levels of importance or satisfaction to the same goods or services based on their preferences, tastes, and needs.
Choices are made through the available and limited information: When making decisions, individuals often have access to limited information about the available options and their characteristics. Due to this limited information, people may not assign the same level of importance to all goods or services. They must make choices based on the information they have, which may vary in quality and quantity.
Society needs to determine who would get the limited resources: In any society, resources are scarce relative to the unlimited wants and needs of individuals. Therefore, society needs to address the challenge of resource allocation. This involves making choices about how to distribute the limited resources among competing individuals or groups. It may involve considering factors such as equity, efficiency, and prioritization to determine who should receive the available resources. This decision-making process is necessary to ensure the most optimal allocation of resources for the benefit of society as a whole.
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The production era marked a time when companies were able to increase their profits because they were able to decrease their production costs.
True
False
Answer:
true
Explanation:
it was the time of the production line making it easy to make expensive things with people that are lower skilled and cheaper overall
Answer:
True
Explanation:
have a good day
What incentives do private prisons have to keep people incarcerated/locked up?
Answer:
So basically its called a contract to house so many inmates. In exchange for the commitment to house those inmates, the state pays the company an agreed upon sum.
The beds are made available. The state is responsible to keep the beds full. If the state fails to fill all the beds, it doesn't save any money. But the private provider MAKES the same amount.
The company typically contracts to provide the beds for inmates that are lower security risks to escape. An inmate with less than three years to do will not complain about the food, and is less likely to escape.
So if anything the financial incentives that are written into the contract benefit the state that is responsible to house all the bodies the Judges order locked up.
Now what about Judges making money off sending inmates to a private prison?
That is a cute one. The examples I have found so far deal with Juvenile Judges ordering a youth into a specialized program that is privately run.
When a Judge sends someone to prison he does NOT order the person confined at a CCA prison he orders the person committed to the state Department of Corrections. The State DOC then decides who ends up at a contracted facility. So Judges aren’t the ones kicking customers their way. The state is pushing hard to keep those private beds filled so as to get the tax payers dollars worth out of the contract.
Please post detailed answers to the following questions. Please use complete sentences. Why is money management important? How would you rate your own money management?
One of the most crucial aspects of you financial life is money management.
Why is proper money management important?Reaching your financial objectives, paying off debt, and increasing your savings can all be facilitated by understanding how to budget, spend, and save.It is strongly advised that students create a budget for each category, such as food, phone, travel, etc. Any person should be very aware of where their funds are coming from and going. You may find out where you overspend and where you waste money by keeping track of your costs. Your money remains in good shape if you consistently spend less as you make.
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Thirsty Dog! Is a zesty beef-flavored, vitamin-enriched, mineral-loaded, lightly carbonated bottled water for your dog. It might have been a great product, but competition over shelf space was fierce and the product could not generate enough sales per square foot for retailers. The makers of this product had
The marketing concept is all about meeting the consumer's_____. Choose the best answer.
A) needs
B) Wants
C) Expectations
D) None of the above
two similarities between Supply and Demand
Supply and demand are two fundamental concepts in economics that explain the behavior of buyers and sellers in the market. Despite their differences, there are also some similarities between supply and demand that are worth exploring.
Here are two key similarities between supply and demand:
1. Both supply and demand are affected by changes in price:One of the most significant similarities between supply and demand is that both are sensitive to changes in price. The law of demand states that as the price of a good or service increases, the quantity demanded of that good or service decreases, all other things being equal. Similarly, the law of supply states that as the price of a good or service increases, the quantity supplied of that good or service also increases, all other things being equal. This inverse relationship between price and quantity is what drives the market and determines the equilibrium price and quantity.
2. Both supply and demand are influenced by external factors:Another similarity between supply and demand is that both can be influenced by external factors beyond their control. For instance, changes in consumer preferences, income levels, and demographics can affect demand for a particular product or service. Similarly, changes in technology, production costs, and regulations can affect the supply of goods and services. These external factors can shift the demand or supply curves, causing a change in the equilibrium price and quantity.
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What would happen if we were left without sun for 24?
Answer in your own words.
Answer:
You would get a heat stroke. A heat stroke is something that happens when your body absorbs to much heat. Signs of it are High body temperature, hot, red dry or damp skin. etc. That much heat is not good for you and it can cause pain.
What does the business entity principle primarily prevent?
Answer:
The business entity concept states that the transactions associated with a business must be separately recorded from those of its owners or other businesses. Doing so requires the use of separate accounting records for the organization that completely exclude the assets and liabilities of any other entity or the owner.
Answer:
The business entity principle states that the business and its owner are two separate entities in the eyes of the law. Therefore, their respective investments, withdrawals, income, expenses, profits, and losses should also go into separate accounts. The business accounts should never include the owner’s personal transactions because this might lead to ambiguous accounting information. Thus, the business entity principle primarily prevents a distorted view of the financial condition of the business. It helps in getting a clear understanding of how well the business is actually doing.
Explanation:
sample response given when you check your work
Jennifer buys a typewriter for $590. She puts 20% down and will pay $70 a month for the next 10 months. What's the total amount of monthly payments?
$700 ---- correct answer
$750
$850
$1,000
The total amount of monthly payments for Jennifer who buys a typewriter is $850.
What are payments?Payments refer to the transfer of money from one party to another in exchange for goods, services, or debts. They can be made using a variety of methods, including cash, checks, credit and debit cards, electronic funds transfer (EFT), mobile payments, and cryptocurrencies. Payments are an essential aspect of commerce and are used in both personal and business transactions. They enable individuals and companies to purchase goods and services, pay bills, and transfer money to others. With the increasing use of technology, payments have become more convenient and accessible, allowing people to make transactions from anywhere and at any time. The security and reliability of payment methods are crucial, and various measures are taken to protect against fraud and ensure the safety of transactions.
Jennifer puts 20% down on the typewriter= 0.2 * $590 = $118
Amount that Jennifer needs to finance= $590 - $118 = $472
Total amount of her monthly payments= $70 * 10 = $700
The total amount of Jennifer's payments, including her down payment=
$118 + $700 = $818
So, the closest answer is $850.
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Click this link to view O‘NET's Work Styles section for General and Operations Managers. Note that common work
styles are listed toward the top and less common work styles are listed toward the bottom. According to O‘NET, what
are common work styles needed by General and Operations Managers? Select four options.
self control
curiosity
leadership
dependability
attention to detail
creativity
Answer:
Self control, leadership, dependability, attention to detail
Explanation:
The styles section for the general and operation managers lists are :
Self-control, leadership, dependability, attention to detail.What is a work style?A work style is a style that is followed for the purpose of work and includes logical reasoning, detail-oriented and supportive, and ideal oriented style. The operations manager's style includes self-control, leadership, and dependability plus attention to detail during work.
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Consider an individual whose utility function is (x), where x is the money prize he wins.
He is offered the following lottery: win $100 with a probability 0.25, $10 with probability 0.5, and $0 with probability 0.25
Assume that (0)=0,and (100)=1and this individual is risk neutral.
A. Compute the expected value of this lottery.
B. Compute the certainty equivalent of this lottery.
C. How about (10)
A. To compute the expected value of the lottery, we multiply each possible outcome by its corresponding probability and sum them up:
Expected value = ($100 * 0.25) + ($10 * 0.5) + ($0 * 0.25) = $25 + $5 + $0 = $30.
B. The certainty equivalent is the amount of money that an individual would consider equivalent to the uncertain lottery. Since the individual is risk neutral, the certainty equivalent is equal to the expected value of the lottery. Therefore, the certainty equivalent in this case is also $30.
C. To determine the utility of winning $10, we need to find the corresponding value of (10) in the utility function. The utility function given in the question states that (0) = 0 and (100) = 1. We can interpolate the value of (10) based on this information. Assuming a linear relationship between (0) and (100), we can calculate the utility of (10) as follows:
Utility of (10) = (10 - 0)/(100 - 0) * (1 - 0) + 0 = 10/100 * 1 = 0.1.
Therefore, the utility of winning $10 in this case is 0.1.
In summary, the expected value of the lottery is $30, the certainty equivalent is also $30, and the utility of winning $10 is 0.1 based on the given utility function.
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Which of the following best explains
what a person who works in clerical
support in Public Administration
should enjoy?
A. a slow moving environment in which you must pay
attention to detail
B. a fast moving environment where you are often on
your feet and filing paperwork
C. an environment in which you are sitting for long
periods of time and working on a computer
Answer:
A
Explanation:
The commute times for the workers in a city are normally distributed with an unknown population mean and standard deviation. If a random sample of 27 workers is taken and results in a sample mean of 22 minutes and sample deviation of 3 minutes, find a 95% confidence interval estimate for the population mean using the student's t-distribution.
If the commute items for the workers in a city are normally distributed with an unknown population mean and standard deviation. Using the student's t distribution 95% confidence interval for the sample mean is 20.8129 and 23.1870
To calculate a 95% confidence interval.
Given Data
size n = 27 , sample mean = 22 , standard deviation = 3.
Here the 95% CI is given as,
× ± t*s/\(\sqrt{n}\)
t{(n-1),\\(\alpha\)}=t_{(27-1),0.05} = 2.056
(22± 2.056*3/\sqrt{27})
(22- 2.056*3/√27, 22+ 2.056*3/\sqrt{27})
( 22 - 1.1870 , 22 + 1.1870)
( 20.8129 , 23.187)
Thus , 95% confidence interval for sample mean is ( 20.8129 , 23.1870).
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Which of the following explanations about the financial impact of biodiversity on the economy is not correct?
Protecting biodiversity has decreased the amount of fresh water available to human populations because of the "sponge effect."
The explanation that protecting biodiversity has decreased the amount of fresh water available to human populations because of the "sponge effect" is not entirely correct.
While it is true that ecosystems rich in biodiversity can act as natural sponges, absorbing and storing water, this does not necessarily lead to a decrease in the amount of fresh water available to humans.
In fact, these ecosystems can actually improve water quality and quantity by reducing erosion, filtering pollutants, and regulating water flow.
The economic impact of biodiversity on the availability of fresh water is complex and depends on various factors such as the specific ecosystem and the human activities that take place in and around it.
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if you buy a $10,000 U.S. Treasury bond ('T note') with a 2.5% coupon rate that pays semi-annually, what will be your yield after the first six months? what will your par value be when it matures?
Answer: The U.S. Treasury Series I Savings Bonds are 30-year instruments whose interest rate is reset every six months and are a way to help protect one from inflation. The rate is a combination of an inflation calculation over a six-month timeframe and a fixed rate determined by the Treasury Secretary. With inflation increasing this year to multi-decade highs, the inflation calculation for I Bonds bought until April 30, 2022, pay 7.12% for six months.
Explanation: i hope this helps :)
just say sum and ill give you alot of points⇒⇒⇒⇒
A corporation has 3000 shares, 10% preferred stock of $55.00 par preferred stock, and 6000 shares of common stock outstanding. The net income for the year is $300,000. Calculate earnings per share. (Round your answer to the nearest cent.)
Answer:
the earning per share is $47
Explanation:
The computation of the earning per share is shown below;
= (Net income - preference dividend) ÷ number of common stock outstanding
= ($300,000 - (3000 × $55 × 10%) ) ÷ 6,000 shares
= $47.25
= $47 per share
Hence the earning per share is $47