(net income of $35 million less dividend payments of $15 million).įor further help on Glo-Bus Quiz 2, please email me. The company would have EPS of $3.50 for Year 8 and also its retained earnings for Year 8 would be $20 million However, retained earnings is not $10 million.
The company would have Year 8 EPS of $3.50 and Year 9 retained earnings of $10 million. The company’s earnings per share would equal $2.00 (net income of $35 million less dividend payments of $15 million = $20 million divided by 10 million shares).ĮPS is calculated before dividends are paid out.
Glo Bus Quiz 2 - Glo bus Quiz management accounting memo Related documents. Incorrect as annual interests costs are taken into account for the net profit calculation. Business Management/Practice Management (900-80583V01) Introduction to Cultural and Community Psychology (PSY101) Database Systems (ITC423). The company’s retained earnings for Year 8 would be $5 million (net income of $35 million less dividend payments of $15 million less $15 million in interest payments) and its Year 8 EPS would be $0.50. Incorrect as retained earnings is after the share and the interest costs are paid out. The company’s retained earnings for Year 8 would be $35 million. 2 graphics card, Bridgeview commons west seneca ny, Xbr 55x800c, Elizabeth. If a company earns net income of $35 million in Year 8, has 10 million shares of stock, pays a dividend of $1.50 per share, and has annual interest costs of $15 million, then business model, Vintage syrup bottles, Alien covenant flute song, Interior and.
Glo-Bus Quiz 2 is an exceptionally challenging quiz unless you have a firm grasp of all of the formulas and how they interact in the game itself.
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