income of $75‚000. Its weighted-average common shares outstanding is 19‚000. It has no other stock outstanding. Its earnings per share is: a. $4.69 b. $3.95 c. $3.75 d. $2.08 e. $4.41 b; $75‚000/19‚000 shares = $3.95 per share Page 537 3. A company has 5‚000 shares of $100 par preferred stock and 50‚000 shares of $10 par common stock outstanding. Its total stockholders’ equity is $2‚000‚000. Its book value per common share is: a. $100.00 b. $ 10.00 c. $ 40.00 d. $ 30.00 e. $ 36
Premium Stock
include more dollars of interest under the 8-year amortization plan. Correct Answer: The proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower. Question 3 4 out of 4 points Which of the following statements regarding a 30-year monthly payment amortized mortgage with a nominal interest rate of 8% is CORRECT? Answer Selected Answer: A smaller proportion of the last monthly payment
Premium Compound interest Interest Bond
BA 117 Problem Set #1 - CVP Deadline: November 26‚ 2011 A. The break-even point in units can be computed as Fixed Costs divided by the contribution margin per unit. On the other hand‚ the break-even point in pesos can be computed as Fixed Costs divided by the contribution margin ratio. Using the profit equation π = TR – TC; where π = operating profit‚ TR = Total Revenue and TC = Total Cost‚ derive the break-even formulas. B. From the profit equation π = TR – TC‚ derive the formula for the
Premium Variable cost Contribution margin Costs
University of Phoenix Material Understanding Business Research Terms and Concepts: Quiz 3‚ Grunig Match the letter of the answers on the right to the questions on the left. Each answer can be used more than once. |Questions |Answers | |Which hypothesis-testing procedure would you use in the following situation? |Judgment | |Your manager
Premium Scientific method Sampling Experiment
CVP Analysis of 2012 A critical aspect that managers must be aware of in order to make sound decisions and precise projections is the understanding of the relationships among costs‚ volume and the company’s profit; otherwise known as CVP analysis. CVP analysis stands for Cost-volume-profit analysis which a form of cost accounting in managerial economics. The five essential concepts underlying CVP analysis include: 1. The behavior of both costs and revenues as being linear throughout the relevant
Premium Variable cost Contribution margin Costs
This case study will look at Jokkmok Industries and one of its managers‚ Mr. Rosen‚ who is bucking for a promotion to CEO. His division uses absorption costing and has the ability to produce 50‚000 units a quarter with a fixed overhead amount of $600‚000. While the sales forecast shows that the company will only sell 25‚000 units during each of the next two quarters‚ Mr. Rosen wants to double his budgeted production for the second quarter from 25‚000 to 50‚000 units. We will look at Mr. Rosen’s
Premium Investment Variable cost Costs
Quiz 3 Name ______________________________ Class Number _________________ 1. Let X be a random variable with Cumulative Distribution Function (CDF) below. Answer the following probability questions: (You must write out CDF notation) – such as 1 2 3 4 5 6 7 8 9 10 .02 .09 .15 .41 .51 .66 .73 .97 .98 1.0 a) Answer _______________________ c) Answer _______________________ d) Answer _______________________ e) Answer _______________________
Premium Cumulative distribution function Probability theory
Cost Volume Profit Analysis (CVP Analysis) 3.1 Introduction * CVP analysis is a systematic approach of examining the relationship between the changes in volume‚ cost‚ revenue and profit. The main objective of this analysis is to establish what will happen to the financial results if a specified level of activity fluctuates. * This analysis is useful especially to plan the future production and sales activity that will enable the firm to maximize profit and at the same time it
Premium Variable cost Contribution margin Costs
Quiz Week 5 Victor Sabani ITT Technical Institute Quiz Week 5 Quiz Questions 1. What is the purpose of a CIRT plan? Describe what this plan does and what other plan it ties into. The purpose of the CIRT plan is to identify which group is responsible for what. It also provides information for the DRP. 2. Describe what the three models are for a CIRT plan based on the NIST SP 800-61 template. Critical incident response team‚ Distributed incident response teams‚ and the Coordinating team 3. Define
Premium Business continuity planning File sharing Attack
Quiz Week 5 Victor Sabani ITT Technical Institute Quiz Week 5 Quiz Questions 1. What is the purpose of a CIRT plan? Describe what this plan does and what other plan it ties into. The purpose of the CIRT plan is to identify which group is responsible for what. It also provides information for the DRP. 2. Describe what the three models are for a CIRT plan based on the NIST SP 800-61 template. Critical incident response team‚ Distributed incident response teams‚ and the Coordinating team 3. Define
Premium Business continuity planning File sharing Attack