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trindadesn
- Newbie | Next Rank: 10 Posts
- Posts: 8
- Joined: Thu Jul 23, 2009 4:23 am
- Location: bombay
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hi need some help with these please.
1. A corporation with 5,000,000 shares of publicly listed stock reported total earnings of $7.20 per share for the first 9 months of operation. During the final quarter the number of publicly listed shares was increased to 10,000,000 shares, and fourth quarter earnings were reported as $1.25 per share. What are the average annual earnings per share based on the number of shares at the end of the year?
(A) $1.83
(B) $2.43
(C) $4.85
(D) $8.45
(E) $9.70
2. A man who died left an estate valued at $111,000. His will stipulated that his estate was to be distributed so that each of his three children received from the estate and his previous gifts, combined, the same total amount. If he had previously given his oldest child $15,000, his middle child $10,000, and his youngest $2,000, how much did the youngest child receive from the estate?
(A) $50,000
(B) $48,000
(C) $46,000
(D) $44,000
(E) $39,000
1. A corporation with 5,000,000 shares of publicly listed stock reported total earnings of $7.20 per share for the first 9 months of operation. During the final quarter the number of publicly listed shares was increased to 10,000,000 shares, and fourth quarter earnings were reported as $1.25 per share. What are the average annual earnings per share based on the number of shares at the end of the year?
(A) $1.83
(B) $2.43
(C) $4.85
(D) $8.45
(E) $9.70
2. A man who died left an estate valued at $111,000. His will stipulated that his estate was to be distributed so that each of his three children received from the estate and his previous gifts, combined, the same total amount. If he had previously given his oldest child $15,000, his middle child $10,000, and his youngest $2,000, how much did the youngest child receive from the estate?
(A) $50,000
(B) $48,000
(C) $46,000
(D) $44,000
(E) $39,000
