Fulton Company's price-earnings ratio is 8.0 and the market

price of a share of common stock is $32. The company has 3,000

shares of preferred stock outstanding with each share receiving

a dividend of $3 per share. The earnings per share of common

stock is:

a. $10.

b. $7.

c. $4.

d. $3.​

Answers

Answer 1

Answer:

c. $4

Explanation:

price-earnings ratio = stock price / earnings per share

8 = $32 / earnings per share

earnings per share = $32 / 8 = $4

the company's total earnings = earnings per share x total outstanding shares

earnings per share = (total earnings - preferred dividends) / outstanding common stocks


Related Questions

Multiple Select Question
Select all that apply
The parts of the process cost summary include: (Check all that apply.)
cost assignment and reconciliation.
equivalent units of production.
cost charged to each job.
costs charged to departments.
Need help? Review these concept resources.

Answers

Answer:

Cost assignment and reconciliation

Physical flow of units

Equivalent units of production

The parts of the cost summary include the cost assignment and reconciliation. The cost charged to each job and the equivalent units of production. Hence the option A, B, and C are correct.

What is a cost summary ?

The cost summary is one that is used to estimate the cost and is based on the cost-benefit analysis. The summary tells us about the assignment and reconciliation of the costs and costs that are charged for each job. It also tells us about the equal units of production.

Find out more information about the cost summary.

brainly.com/question/1788884.

define equity economics.​

Answers

Answer:

Equity or Economic equality is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics.

Answer:

Equity or Ecomics equality is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics

Jonas has been assigned to work with a team at Falk Enterprises, Inc. Jonas has supervised this team in the past, and they have always failed to produce results on time. One of the difficulties previously cited by the team was confusion over the roles each team member played. Discuss some the possible roles each of these team members could play and some steps Jonas could take to avoid frustration and delay with this project.

Answers

Answer:

There should be defined roles of all the team members and they should know their responsibilities.

Explanation:

Jonas should clearly assign tasks of the project to his team members and each member should be accountable for his task. Jonas should teach his team about the significance of time management and therefore task must be completed before deadlines. Each member of the team must have defined responsibilities and roles.

Match each description to the appropriate term.

1. Maturity value
2. Interest
3. Interest rate
4. Notes receivable

a. A formal, written instrument of credit that represents amounts due from customers.
b. The stated rate charged for using the money of another party.
c. The amount due that must be paid at the due date of a note receivable.
d. The amount charged for using the money of another party

Answers

Answer and Explanation:

The matching is as follows;

1. (c) the maturity value is the due amount that should be paid at the due date

2. (d) The interest is the amount that should be charged for using the money of other party

3 (b) The interest rate is the rate charged for using that money of the other party

4(a) The note receivable is the instrument that should be formal and written which shows the amount outstanding from the clients

Al is a medical doctor who conducts his practice as a sole proprietor. During 2013, he received cash of $280,000 for medical services. Of the amount collected, $40,000 was for services provided in 2012. At the end of 2013, Al had accounts receivable of $60,000, all for services rendered in 2013. In addition, at the end of the year, Al received $12,000 as an advance payment from a health maintenance organization (HMO) for services to be rendered in 2014.
Compute Al's gross income for 2013:
a. Using the cash basis of accounting.
b. Using the accrual basis of accounting.
c. Advise Al on which method of accounting he should use?

Answers

Answer:

a. Cash basis

This recognizes revenue and expenses only when cash been received or spent.

Gross income for 2013 = Cash received for medical services + Advance payment

= 280,000 + 12,000

= $292,000

b. Accrual basis

This recognizes only revenue and expenses incurred in a period, regardless of if cash is paid or not.

Gross income for 2013 = Cash received for medical services - Cash received for medical services provided in previous periods + Accounts receivable

= 280,000 - 40,000 + 60,000

= $300,000

c. Use CASH BASIS OF ACCOUNTING

From a taxation point of view, using the cash basis would be more beneficial as Al will pay a less amount of tax as it is a lower income.

He will also be sure of the cash received unlike Accrual that recognizes Accounts receivable which have a chance of not being collected.

What are the reasons of marketing for Air Jordans shoes??

Answers

Answer:

to better their brand recognition and better their market shares through embracing social media and customer interactions.

Explanation:

Which best describes one of the primary aims of government fiscal policy?

Answers

It’s primary aims of government fiscal policy is to put more money into citizens hands .

what is commercial bank? in your own words. ​

Answers

We can’t see video but what I would say is look it up and say the first line then the second line but switched up the wording hope this helps

Which of these is not one of the basic functions of the management​ process?

Answers

Answer:.

Explanation:

major goals specify what an organization seeking to achieve a/ in the short term.
B/in the medium term only.
c/ in the medium to long term
d/in the long term only
e/in the short to medium term.

Answers

Answer:

Major goals specify what an organization seeking to achieve

d/in the long term only

Explanation:

Major organizational goals are usually broad and company-wide goals, focused on the long-term.  These goals are further broken down into manageable unit goals that have medium to short-term durations.  In short, major goals are strategic in nature and may embrace the overarching purposes for setting up the organization in the first place.

Whether it is proactive or reactive, organizational change is inevitable. Unfortunately, people don’t always like change and tend to be resistant to it. This activity is important because managers need to understand what to expect from employees in terms of their resistance to change in order to better manage workers through the change process.
The goal of this exercise is to challenge your knowledge of the ten reasons people resist change. First, read each of the statements that depict an example of something related to an organizational change. Then, click and drag each statement to the reason for change resistance that it best depicts.
1. Your manager ensures you the change won't alter your salary, but you worry he'll only look out for himself.
2. Your work colleague is upset about a change to the department, therefore you resist the change, too.
3. New procedures are vastly different from old ones, and you aren't sure you can learn them.
4. You worry that recent technology changes may eliminate the need for your managerial position.
5. The organization implements massive structural changes with no explanation.
6. A notoriously unlikeable manager delivers the news of a change.
7. Your boss suddenly and without warning announces her re-signation and replacement.
8. Five close members of a department are re-assigned and are no longer part of the same work group.
9. You immediately resist an organizational change because you have a deep fear of change.
10. All employees now must work two extra hours per week with no additional pay.
A. Individuals' Predisposition Toward Change.
B. Surprise and Fear of the Unknown.
C. Climate of Mistrust.
D. Fear of Failure.
E. Loss of Status or Job Security.
F. Peer Pressure.
G. Disruption of Cultural Traditions or Group Relationships.
H. Personality Conflicts.
I. Lack of Tact or Poor Timing.
J. Non-reinforcing Reward Systems.

Answers

Answer:

Organizational Change and Reasons for Resistance

Example  Reason for Change Resistance

1.              C. Climate of Mistrust.

2.             F. Peer Pressure.

3.             D. Fear of Failure.

4.             E. Loss of Status or Job Security.

5.             I. Lack of Tact or Poor Timing.

6.            H. Personality Conflicts.

7.            B. Surprise and Fear of the Unknown.

8.            G. Disruption of Cultural Traditions or Group Relationships.

9.            A. Individual's' Predisposition Toward Change.

10.          J. Non-reinforcing Reward Systems.

Explanation:

1) Reasons for resisting change:

A. Individual's' Predisposition Toward Change.

B. Surprise and Fear of the Unknown.

C. Climate of Mistrust.

D. Fear of Failure.

E. Loss of Status or Job Security.

F. Peer Pressure.

G. Disruption of Cultural Traditions or Group Relationships.

H. Personality Conflicts.

I. Lack of Tact or Poor Timing.

J. Non-reinforcing Reward Systems.

Your company is considering a new project opportunity. It would need to immediately invest $220. In return, in the next 4 years it will receive the following amounts of money: In 1 year: $80 In 2 years: $70 In 3 years: $50 In 4 years: $60 The required annual rate of return is 5%.

The Internal Rate of Return for this project is:_______

Answers

Answer:

7.54 %

Explanation:

Year 0 = - $220

Year 1 = $80

Year 2 =  $70

Year 3 = $50

Year 4 = $60

I /yr = 5%

Internal Rate of Return for this project is 7.54 %

Identify five typical users of accounting information​

Answers

Answer:

Owners,and stockholders, directors,officers, internal departments

Explanation:

There is no substitute for the product that is being sold.

A) perfect competition
B) monopolistic competition
C) Oligopoly
D) monopoly

Answers

Answer:

monopoly or b

Explanation:

what is commercial bank? in your own words. ​

Answers

Answer:

a commercial Bank is a type of banks that provide services such as accepting deposits making business loan etc

Explanation:

what is the difference between job rotation, job delegation, job enlargement and job enrichment​

Answers

Answer:

Whereas job enlargement means increasing the scope of job quantitatively by adding up more tasks, job enrichment means improvement in the quality of job such that employees are more satisfied and fulfilled. ... Job enrichment entails the functions of planning and organizing and enlargement involves execution of the same.

Based on the Taylor Rule use the following information to calculate the target federal funds rate.

Variable Value
Target inflation rate 2 percent
Current inflation rate 1 percent
Real equilibrium federal funds rate 2 percent
Output gap 10 percent

Answers

Answer:

8.0 %

Explanation:

inflation gap = 3 - 2 = 1

=3 + 2 + (.5 x 1) + (.5 x 5)

= 8.0

According to the Taylor Rule, target federal funds rate is 8%.

What is the Taylor Rule?

A targeting rule for monetary policy is the Taylor rule. American economist John B. Taylor suggested the rule in 1992 as a tool for central banks to employ in order to stabilize economic growth by appropriately fixing short-term interest rates. The rule takes into account changes in real income, the level of prices, and the federal funds rate.

In accordance with the rule, the federal funds rate should be higher when inflation is greater than the Fed's inflation objective and lower when inflation is lower.

By following the Taylor principle, inflation-inducing shocks—whether they are supply or demand shocks—raise real interest rates because nominal rates grow more rapidly than inflation, which lowers production and controls inflation while maintaining economic stability.

inflation gap = 3 - 2 = 1

=3 + 2 + (.5 x 1) + (.5 x 5)

= 8.0

To learn more about Taylor Rule

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A survey conducted recently in China showed that in the last two years, Investments in the businesses increased by almost 75%. The same survey also concluded that people became wealthy by investing in businesses, and this motivated other people to invest more in their respective businesses. What most likely triggered this increases in investment?

Answers

Answer:A survey conducted recently in China showed that in the last two years, Investments in the businesses increased by almost 75%. The same survey also concluded that people became wealthy by investing in businesses, and this motivated other people to invest more in their respective businesses. What most likely triggered this increases in investment? Incentives

Explanation:China’s State Council announced US$6.59 billion worth of tax cuts for businesses and investors, hoping to reduce the burden on small and micro-enterprises, encourage investors to continue lending, and ensure capital flow in the economy. These tax cuts were for example:On companies that have suspended production or business due to restructuring or cutting of overcapacity. They can have their real estate tax and land-use tax either reduced or exempted altogether.Investors in social security funds and basic pension funds can enjoy tax relief.Postal savings banks with large amounts of agriculture-related loans can pay a preferential value-added tax.Lenders to small and micro-enterprises can enjoy expanded value-added tax exemption on loans to such enterprises.Foreign institutions can exempt their corporate income tax and value-added tax on interest gains from onshore bond market investments.Also, to boost foreign investments, China would cut import tariffs on 1,585 taxable items, including machinery, textiles, paper products, and construction materials...

Which of the following commodities is a good?
A.
A swimming lesson
B.
A desk
C.
House cleaning
D.
Dog walking

Answers

Answer:

All are good actually

But house cleaning ig ;)

Answer:

B. A desk

Explanation:

A desk is a product that can be bought, sold, or traded.

also correct on edge

You are buying a new car. The price (MSRP) is $16,995. You are trading in your old car which is valued by the dealer at $5,500 (this is money taken off your new car price). Sales tax is 7%. What is the cost of the new car after your trade in? *

Answers

The answer is $12,360.22(rounded)

16,995-5,500= 11,495
11,495+7%= 12,360.2151

Hope this helps!! :)

Kwok Winn is looking to open a new business in his native Singapore. He has decided on a form of licensing that provides him with a standard package of products, systems, and management services in order to sell fast food to local residents. Which of the following best describes the form of business that Mr. Winn has chosen?
a. direct sales.
b. exporting.
c. importing.
d. strategic alliance.
e. franchising.

Answers

Answer:

E) Franchising

Explanation:

Franchising can be regarded as strategy that brings about business expansion. It involves distribution of products/ services which involves franchisor that set up the brand's trademark as well as the business system and the franchisee that pay initial fee or royalty to have access to the right to perform Businesses with franchisor's name

2. Will planning become more or less important to managers in the future? Why?​

Answers

Answer:

I think it will not be important cause there would be new technology that would fix everything up.


Evaluate the impact of induction on Coep​

Answers

Answer:

Jul 23, 2020 — This phase II study aimed to evaluate the efficacy and safety of ... 2-3 cycles of induction pegaspargase-COEP chemotherapy followed by ...

Explanation:

The effect of introduction on COEP is that it will attract more students to join in the programme.

What are the advantages of the induction?

Your new hires receive crucial information and job-specific training during induction. You warmly welcome them into their new positions and assist them in doing so. You can present the different offices and divisions of your business during this training as a site visit.

The goal of the student induction program is to assist new students in settling in and becoming comfortable in their surroundings, to introduce them to the institution's ethos and culture, to assist them in forming relationships with other students and faculty members, and to expose them to a sense of greater purpose and self-exploration.

Therefore, the effect of introduction on COEP is that it will attract more students to join in the programme.

To know more about the induction, visit:

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Sixty to sixty-five percent of its value can be used as collateral for a loan.


Insurance policies

Equipment

Real estate

Accounts receivable

Answers

the answer is “equipment”

Use the following to answer questions 31 - 32: Ann is the president of the Paper Supply Company. She is thinking about updating the technology used to produce the paper goods her company sells. Sales have been increasing and are currently around 7,000 tons per year. She has identified the following potential options: Alternative 1 - Use the current technology with annual fixed costs of $10,000 and variable costs of $10 per ton. Alternative 2 - Update the current technology resulting in annual fixed costs of $20,000 and variable costs of $8 per ton. Alternative 3 - Adopt the latest technology resulting in annual fixed costs of $40,000 and variable costs of $6 per ton. 31. The two relevant cross-over volumes (those volumes at which you would shift from one process to another)
A) 5,000 & 7,000
B) 7,000 & 10,000
C) 5,000 & 10,000
D) 7,500 & 10,000
Which alternative would you recommend, and why?
A) Alternative 1
B) Alternative 2
C) Alternative 3
D) Any of the above

Answers

Answer:

31. B) 7,000 & 10,000

32. B) Alternative 2

Explanation:

Volume is 7000 tons :

Alternative 1 costs : $10,000 + (7000 * $10 ) = $80,000

Alternative 2 costs : $20,000 + (7000 * $8 ) = $76,000

Alternative 3 costs : $40,000 + (7000 * $6 ) = $82,000

Alternative 2 is the most cheapest option if the volume is between 7,000 tons to 10,000 tons.

define equity economics.​

Answers

Answer:

fairness or evenness

Explanation:

Basically being fair to one another.

Which of the following will increase supply of ice cream, a normal good?
A) An increase in the number of restaurants selling ice cream
B) An increase in the cost of milk, a key ingredient in ice cream
C) An increase in the price of cones used to serve ice cream
D) An increase in consumers’ income
E) A tax increase on ice cream distributors

Answers

Answer: uhm I think D sorry if I’m wrong

Ringmeup Inc. had net income of $143,100 for the year ended December 31, 2019. At the beginning of the year, 36,000 shares of common stock were outstanding. On May 1, an additional 18,000 shares were issued. On December 1, the company purchased 4,300 shares of its own common stock and held them as treasury stock until the end of the year. No other changes in common shares outstanding occurred during the year. During the year, Ringmeup paid the annual dividend on the 9,000 shares of 4.65%, $100 par value preferred stock that were outstanding the entire year. Calculate basic earnings per share of common stock for the year ended December 31, 2013.

Answers

Answer: $2.12 per share

Explanation:

Basic earnings per share is calculated by the formula:

= (Earnings - Preferred share dividends) / Weighted average number of shares at year end

Weighted average number of shares at year end:

= (36,000 * 11/12 months) + (18,000 * 8/12 months) + ((38,000 - 4,300)) * 1/ 12 months)

= 47,808 shares

Preferred share dividends :

= 9,000 * 4.65% * 100

= $‭41,850‬

Basic earnings per share:

= (143,100 - 41,850) / 47,808

= $2.117846

= $2.12 per share

there are two packs of cards each containing 52 cards. one card is drawn from each pack. find the probability that at least one of them will be the ace of hears.​

Answers

Answer:

Probability drawing at least one ace of hearts is 3.8 %

Explanation:

Probability of drawing at least one ace of hearts = 1 - probability of no aces of hearts being drawn.

Probability of drawing no aces of hearts

[tex](\frac{51}{52})^2[/tex] [tex]= 0.9619[/tex]

Probability drawing at least one ace of hearts

[tex]= 1- 0.9619\\\\= 0.03809\\= 3.8[/tex]%

define capital economics.​

Answers

<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3

Answer:

In economics, capital consists of human-created assets that can enhance one's power to perform economically useful work. ... Capital goods, real capital, or capital assets are already-produced, durable goods or any non-financial asset that is used in production of goods or services

<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3<3

Answer:

In economics, capital consists of human-created assets that can enhance one's power to perform economically useful work. Capital goods, real capital, or capital assets are already-produced, durable goods, or any non-financial asset that is used in the production of goods or services.

Explanation:

hope this helps...

have a great day...

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