Question 491

In calculating earnings per share, the equivalent number of convertible preferred shares are added as an adjustment to the denominator (number of shares outstanding). If the preferred shares are cumulative, which amount should then be added as an adjustment to the numerator (net earnings)?
  • Question 492

    Bridget's Midget Widget

    Gross Profit has:
  • Question 493

    A mutual fund with an offering price of $23.50 and a 6% front-end load has a net asset value of:
  • Question 494

    Given the following information about a company: Sales of $1.2 million, Payables payment period of
    6 0 days, Cost of goods sold equals 70% of sales. What is the company's average trade payables using a
    3 65-day year?
  • Question 495

    A consistent estimator is an estimator