What is the main aim of a business in the private sector?

Answer : To make profit for owners and shareholders.

Business

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Mr. Brooks has decided to offer to buy a farm. He has been told that farmland in the area is selling for $3,500 to $4,000 per acre. Mr. Brooks offers $3,750 per acre. The legal description of the farm is: The NW-1/4, of the SW-1/4 and the E-1/2, of the NW-1/4, of Sec 3 Township 37 Range 12E of the 3rd P.M.

a. Mr. Brook's offer is $425,000 b. The offer is based on 160 acres of farmland c. The offer is $450,000 and is 120 acres d. The offer is based on 5 acres of farmland

Business

Smith Corporation had 30,000 shares of common stock outstanding during the year. In addition, there were compensatory share options to purchase 3,000 shares of common stock at $20 a share outstanding the entire year. The average market price for the common stock during the year was $36 a share. The unrecognized compensation cost (net of tax) relating to these options was $4 a share. What is the

denominator to compute the diluted earnings per share? A) 31,000 B) 31,333 C) 31,667 D) 33,000

Business