What is the main aim of a business in the private sector?
Answer : To make profit for owners and shareholders.
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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
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