After the stock dividend, earnings per share stand at $3.636. To elaborate, there are 200,000 shares currently available, with after-tax profits recorded at $800,000. The current price of the shares is set at $48, while the stock dividend is at 10%. After the dividend, the updated number of shares is calculated as 200,000*(1+10%) = 220,000. Consequently, the earnings per share after the dividend is $800,000/220,000, resulting in $3.636.
$100,000.
Since Kathy and Annise are a married duo filing jointly, their adjusted gross income (AGI) is computed by subtracting a net loss from their initial AGI.
Currently, AGI amounts to $120,000, with a rental loss of $30,000 and a partnership gain of $10,000.
The revised AGI becomes Current AGI - Net Loss, or 120,000 – 20,000, leading to a revised AGI of $100,000.
Calculating the net loss: Rental loss – partnership gain equals $30,000 - $10,000, resulting in a net loss of $20,000. Notably, Kathy and Annise may claim this $20,000 loss against other income, as they actively engage in rental activities.
The net capital expenditure for Beta is 95.
Explanation:
To determine Beta's net capital expenditure, use the formula below
Closing PP&E + Depreciation Expense - Opening PP&E
= 170 + 75 - 150
= 95
In this computation, the depreciation expense is added, and the PP&E balance is subtracted from the closing PP&E balance to obtain a precise figure.
Alternatively, it can be calculated based on the capital expenditures derived from a company's income statement and balance sheet. Check for the depreciation expense recorded for the current period in the income statement and find the current period’s property, plant, and equipment in the balance sheet.
Answer:
The likelihood that neither of the stocks will rise is 0.14.
Explanation:
According to the Complement Rule, the combined probabilities of an event and its complement total 1.
Given the probabilities of Stock A or B increasing, to find the likelihood that neither will happen, we need to consider their complements.
The complement for Stock A =1-0.54=0.46
The complement for Stock B =1-0.68=0.32
To calculate the probability of both events not occurring, we multiply these complements.
The probability that neither of these two events occurs is 0.46 x 0.32 = 0.1472
Answer: One potential action is to contact the credit card company to inquire if the payment can be made over the phone.
Explanation:
Other alternatives for settling a credit card bill without mailing include online payments. You'll need to create an online account, which typically requires your account number and some identification details. After registering, you can select the pay now feature to use your debit card or an online checking option for payment. It will process swiftly, though it may take a day to reflect in your account.
Most credit card companies offer an automated service allowing customers to make payments during the call. You'll require your card number, social security number, and debit card details for this transaction. While these payments are commonly free, it may vary based on the specific credit card provider.