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Author Question: A corporation has 125,500 shares of common stock. The corporation had total earnings of 1,460,000, ... (Read 321 times)

tatyanajohnson

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on: Jun 24, 2018
A corporation has 125,500 shares of common stock. The corporation had total earnings of 1,460,000, of which 650,000 was distributed to its stockholders. What is the earnings per share?

Question 2

Carla is considering the purchase of 35 bonds. What is the total expenditure for these bonds? Face value of each bond: 1,150 Price per bond: 82.5 Interest rate: 9.325 Commission per 1,750 bond: 17.50


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pocatato

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Reply #1 on: Jun 24, 2018
Answer to Question 1

5.18;
650,000  125,500 = 5.18

Answer to Question 2

33,818.75;
35  1,150  0.825 = 33,206.25
17.50  35 = 612.50
33,206.25 + 612.50 = 33,818.75


tatyanajohnson

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Reply #2 on: Jun 24, 2018
Correct answers!


pocatato

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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